CARERATING - Demand emerged at 400-550 in Jun-22/Jul-22/Aug-22 Long

CARE RATINGS LTDNSE

Description

⋅ Oct 27, 2022 12:49 PM

After approximately 50% drop from 750 to 400
Further, price has held higher with lesser volume

Plan
- Consider to Buy above 550
- and/ or Rejections near 400

PB 2x
PE 19x
ROCE 16%
DivYld 3%

Trade active

⋅ Nov 28, 2022 1:58 PM

CARERATING - Updated analysis

Attempting a close above 550

Plan ahead => could consider to buy on confirmation of breakout above 550

Trend Analysis CARERATING