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Published on 16/09/2019 9:14:46 AM | Source: Religare Securities Ltd

Buy Bata India Ltd For Target Rs.1600 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #Bata India Ltd. #Foot wear #Trading Report #Religare Securities Ltd

Derivative Ideas

BATAINDIA added around 12% in open interest as long buildup was seen in it in this week. Current chart pattern also indicates further up move in its price. We suggest buying BATAINDIA in cash as per below levels.

Strategy:- Buy BATAINDIA @1560-1563 Stoploss at 1540, for a Target of 1600.

 

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