LearnersParadise

Care Rating-A buy in All time frames?

NSE:CARERATING   CARE RATINGS LTD
This stock is very interesting for me. Why? Let me explain
Let's start with monthly chart.
Last time it touched 200 level it bounced back like anything and again it touched level of 200 and this time also it failed to break those level and more interestingly it created a W pattern with Double bottom in longer term as well.

Let's look at weekly chart now.
A clear W pattern here as well along with all those volumes generated. I don't really think that retailers could generate that kind of volume until someone big is buying heavily.

And finally on Daily Chart it has already touched 450 levels multiple times and and it made that resistance weak with every touch.
Hope for a good buy.

Keep an eye folks . Cheers and Happy Trading.

Disclaimer:- Trade with your own risk and trade with caution.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.