Thursday, March 11, 2010

Bata India

Bata India stock has been buzzing for last few trading sessions and now it is around it's resistance area of 250-255 so one could cover longs around these levels and if the stock manages to give closing above these levels for one-two trading sessions then one can buy it again for target of around 290-295.
Update at EOD
Bata India made a high of 255.85 and closed at 249.

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