Bataindia has a long way to trade in Up-trend. but, all things of it not good for short term cycling. Therefore, on the the technical base short selling in future and option trade is great opportunity for this stock.
- 1260 strike of mar put – Rs 30 to Rs 33
- Short selling on future at 1300 nearby.
Except BataInda has long term uptrend, all other are technically -ve for this stock.