Bata India can go to Rs 470: Ashwani Gujral
It has strong support around Rs 395-400 and chances are we could see levels of Rs 470 next. Once it gets into the blue-sky territory, Rs 600 is also possible if the market remains stable.
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| Updated: In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, shares his stock ideas.
How is Bata India looking on the charts?
It is one of the consumptions plays that keeps moving higher regardless of the market. It has strong support around Rs 395-400 and chances are we could see levels of Rs 470 next. Once it gets into the blue-sky territory, Rs 600 is also possible if the market remains stable.
How is Bata India looking on the charts?
It is one of the consumptions plays that keeps moving higher regardless of the market. It has strong support around Rs 395-400 and chances are we could see levels of Rs 470 next. Once it gets into the blue-sky territory, Rs 600 is also possible if the market remains stable.
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