Stock Radar: Bata India showing signs of bottoming out after 20% fall from highs; time to buy?
- Posted on November 13, 2024
- By Business News Today
- 2 Views
Stock Radar: Bata India showing signs of bottoming out after 20% fall from highs; time to buy?
Bata India Ltd's stock shows potential for a rebound after finding support at the lower band of a falling wedge pattern. Technical indicators, including a positive RSI divergence, suggest a possible upward move towards Rs 1,385-Rs 1,450, according to analysts.