BATA India is showing RSI negative divergence on Weekly as well as Daily timeframes. Hourly timeframe analysis gives a Bearish Bias & a possibility of short term trend reversal.
Can take a Short position on hourly candle close below 1328.
Target = 1280
Stop Loss = 1345.
Can take a Short position on hourly candle close below 1328.
Target = 1280
Stop Loss = 1345.