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Oct 12, 2022 1:48 PM

GUJALKALI - Sustaining above 750 even though volume has dropped Long

GUJARAT ALKALIESNSE

Description

GUJALKALI - Gujarat Alkalies

Context - Sustaining above 750, even though volume has dropped

This is after a high volume markup from 300 to 750

Plan -
to Purchase Breakout above 1000
or, rejection indications near 550

PB 1x
PE 10x
DE 0.1x
ROCE 13%
Div 1%

Trade active

GUJALKALI - Updated Analysis

Remains within the range (630-1030) defined during May'22-Jun'22

Plan ahead, to Purchase Breakout above 1000
or, rejection indications near 600
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