Bata buy side possibility on higher side.
On monthly and weekly chart formation of Triangle pattern is created & Wait for this to break out or breakdown will get good results on either side. but more likely to stock move in the upward direction as the stock is above 50 EMA on monthly trend. As we need to catch the trend. There is small correction level currently in the stock. So add the stock list in your watch-list for booming breakout. yes breakdown will give result but less then the breakout.
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