CARE RATINGS LTDLong
CARERATING - Demand emerged at 400-550 in Jun-22/Jul-22/Aug-22
Updated
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%
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
CARERATING - Updated analysisAttempting a close above 550
Plan ahead => could consider to buy on confirmation of breakout above 550
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.