BATA INDIA IS Consolidating in a Price range of 765 ~ 815 from last 6 Weeks, Stock is trying hard to move towards 810~820 levels but once it touches the price levels of INR 800, it was not able to sustain over 800 & comes down towards 780, 785, 790 levels & give closing near those levels.
But it was seen this week some volume buying came & it hover near 800 levels & final closing came near 792, i am very much hopeful in coming week post Karnataka elections it will go beyond 800 levels & give closing over 800.
Lets ready for the next big Action in BATA India for a price levels of 815-825.