June 29, 2011

Bata - Upside left, Hold

Bata India (cmp 586 ) Hold and can buy on decline. Target price is 733, could be quick one

1 comment:

jigar dattani said...

bata a purely a land story ....rest the retail biz is only spread out thru bengal. i would like to remind reader of land euphoria of 2008 . bata technically still look good upside but it quite far away from 200 dma near 395 . so i should say bata should we book profit ??? A wise men thinking say book profit and let stock do what it want to do.