LONG BATA INDIA - READY FOR THE NEXT BREAKOUT ABOVE 800

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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.
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BATA INDIA today's closing price came at 788.60 i.e., 1.33% up from previous day closing price., it made a day high of 792.55 intraday in 2nd half of today's Trading Session.

We are Still Bullish on BATA INDIA and recommended it for a price target of 825 - 830 in coming weeks.
Chart PatternsTrend Analysis

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