Buy on decline : BATA

BATA

Last close 846.75

We believe every investor needs to own certain core holding stocks for long-term investment. We will not advice to sell those stocks regardless of the market situation, unless the fundamentals of those companies deteriorate. Now technically Stock has shown sign of breakout now. Buy on decline keeping stop loss of Rs.833 for an upper rally of Rs.855, Cross over will take this to Rs.863.