MOTILALOFS - Has held above 600 even though volume dropped
This was after supply emerged near 900 after high volume markup from 600 from May'21-Jul'21
Plan -
to Purchase Breakout above 900
or, rejection indications below 600
PB 1x
PE 8x
DE 0.6x
ROCE 8%
Div 2%
Plan -
to Purchase Breakout above 900
or, rejection indications below 600
PB 1x
PE 8x
DE 0.6x
ROCE 8%
Div 2%
Trade active:
MOTILALOFS
Updated analysis
Has held above 600
Plan ahead =>
could consider purchase on breakout above 850
or, rejection indications near 600
Updated analysis
Has held above 600
Plan ahead =>
could consider purchase on breakout above 850
or, rejection indications near 600