Saturday, September 24, 2011

Bata India is falling since 4 weeks ...may see 620 , 560, 460 level

Bata India is falling since 4 weeks ...
Our expectations  
it may see 620 , 560,  460 levels in next 90 days ...

Long term analysis of software on BataIndia is Strong sell at 660 level

Then why few people are advising to buy it ...please have a look ...are they helping traders/ investors...or helping some one else....
http://dhanvarshagrp.blogspot.com/2011/09/different-colors-of-bata-trapping-in.html
21 Sept 11
10:21 AM - Buy Bata India with a target of Rs 730 and stop loss of Rs 675, says Ashwani Gujral, technical analyst, on ET Now. The stock is currently trading at Rs 708.50, up 1.8% on the BSE.   » Send to friends

I m sure so many traders followed their advise and bought at 708 ...
God is the...
Stop loss was of 4 % plus...
708 to 675 ...
Be Cautious... Be Cautious... Be Cautious... 
Trade according to trend...
If stock is in over bought zone and traders are booking profits why to buy it ...
Let it fall ...

2 comments:

  1. I think U have started predicted on BATA from either July end or first of August that it will fall...U advised everyone to sell it and it went upto 741...Great prediction and then started falling...really great...No body could predict so early.

    ReplyDelete
  2. yes sandy u are correct ... we gained on each fall of bata ...It moved up due to operators play ...they are trying their best to hold it up... to cover their losses they incurred to move it up ..they bought above 700 and now no one is buying from dem...thanks for continuous following ...

    ReplyDelete

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