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CARE RATING #StockMarket #StockToWatch

Long
NSE:CARERATING   CARE RATINGS LTD
CARERATING LOOKS GOOD AFTER BREAKOUT.
ON THE WEEKLY CHART ALSO LOOKS H&S BREAKOUT
ALSO STOCK APPROACHING ITS 200DMA
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GOOD FOR ENTRY EVEN AT CMP OR WAIT FOR RETRACEMENT TILL SUPPORT LINE
FIRST TARGET OF 927, AND THEN FURTHER TO 1230 / 1510

ALSO HAVE STRONG RESISTANCE LEVEL AT 1025 / 1310
SO STRICT TSL TO BE FOLLOWED
INITIAL SL 545
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STOCK IS A POSITIONAL BET
BUT STRICT SL TO BE FOLLOWED BECAUSE OF STRONG RESISTANCE LEVEL
ALSO COMPANY IS DEBT FREE
WITH UNLOCK THEME, POST-COVID ECONOMY GROWTH THIS STOCK WILL DO GOOD BUSINESS
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STRICT STOPLOSS TO BE FOLLOWED EVEN YOU TAKE POSITIONAL BET
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