Kapil-Mittal

Inverted H&S BO: CARERATING 📈 [Credit Rating Agency]

Long
NSE:CARERATING   CARE RATINGS LTD
📌 Levels are mentioned on chart for ❝Swing trading❞.

📌 This stock is a credit rating agency. This stock has fallen from levels of Rs 1600 – Rs 1700 to Rs 200 – Rs 250 due to defaults in NBFC space in 2017. The top management has seen some changes last year. Ajay Mahajan is the CEO of the company now. He has good experience and a strong track record. Also the core team at CARE is focussed on the turnaround of the company

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Comment: Up despite bear market
Trade active: Target 1 achieved
Trade closed: target reached: Target 2 reached!

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