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Futures Trade | Bata breaks out of an inverse head-and-shoulder pattern

Moneycontrol Contributor   •

A multiple reversal signal in Bata suggests higher prices

Bata India: Parent to sell 2.8% stake. Parent to sell 2.8% stake via block deal. floor price at Rs 1750 per share (6.8% discount to Current Market Price). Deal Size Rs 630 crore. JP Morgan is the banker. Lock in of 90 days post block deal.

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