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
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