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BATA INDIA LTD
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Bata India - Beaten Down Branded Value

Oleh Knowablewisdom
Diupdate
All levels given on charts. Awaiting breakout above 1482 close on daily. Great PF stock for long term as well. Trim as targets get hit and hold profits for free. ✌
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Target 1 in play -
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Target 1 hit -
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Patience -
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1700 is still in sight close above will validate and allow for next levels to be in play. INR 15 dividend next month should start to factor in next few weeks.
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Target 3 in sight... trimming position!
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Close above 1697 is needed for the continuation.
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Target 3 in play again...
Catatan
Look at those levels being respected on the upside. Reloading capital back to full position for another run up to the same targets Breakout above 1482 on a daily closing basis again as shared on Apr 21, 2023. 😅
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Breakout with a daily close at 1508 - 1565 will be sold. A couple of daily closes above would set us up for next level 1697.
breakoutlongsetupportfolioTrend Analysis
Knowablewisdom

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