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BATA - About to start new downtrend?

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BATA INDIA (NSE:BATAINDIA)  
financialmarketsalgorithms  
NSE:BATAINDIA   BATA INDIA
Trend Analysis Technical Indicators Wave Analysis
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Bata has broken support near 700/720 mark and could be headed lower in the coming weeks. I am looking for targets in the zone of 640/650.
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