Cartrade Tech Breakout Above the TrendlineCartrade Tech (nse: CARTRADE) stock is near its trendline breakout on the weekly timeframe, indicating a potential momentum. It's not perfect, but looks like a cup and handle pattern.
3.15INR
339.98 MINR
3.64 BINR
19.41 M
About CARTRADE TECH LTD
Sector
Industry
CEO
Vinay Vinod Sanghi
Website
Headquarters
Navi Mumbai
Founded
2000
ISIN
INE290S01011
FIGI
BBG0120WPSJ4
CarTrade Tech Ltd. operates an online marketplace for new and used vehicles. Its brands include CarTradeExchange and MotorExchange. The company was founded by Vinay Vinod Sanghi and Rajan Jitendra Mehra on April 28, 2000 and is headquartered in Navi Mumbai, India.
CARTRADE
In previous update in Sep 2023, we mentioned that stock has confirmed an Inverse H&S confirming Trend Reversal.
The stock still continues to maintain its uptrend and is now finding support at the important horizontal zone 695-725.
Price is now initially expected to test 1130, with optimistic t
Cartrade : Falling wedge BreakoutCartrade :
Falling Wedge Breakout done
Currently at a crucial resistance level, need to breakout
Long CartradeChange in trend
Starting Stage 2
higher highs and higher lows
low risk high reward
cmp 760
sl 675
target 1450
Car Trade - Cup & Handle Breakout above 650 level
900 levels can be seen soon
stop loss around 500 levels
Car trade gearing up for moveBuy CarTrade between 720-740
SL 695 (35Rs)
Target 1: 783
Target 2: 825
Target 3: 872
Trade as per your risk taking capacity
Breakout rested and ready for up move
This early entry, safe traders can enter after trendline breakout . i.e. above 750
Cartrade - Ready for Bull RunCartrade - Ready for Bull Run
Breakout happened with huge volume,
Curvy pattern forming
New age stock
Must continue rally after retesting.
Cartrade - FROM Someone BoostsCartrade - FROM Someone Boosts
1) Stock has come to retest the Levels
2) Weekly time frame retesting
CARTRADE to watch closelySome activity in Cartrade. Need to watch closely. Monthly Closing above 730 may show us a big rally. It can be caught for 10%+ run in a small time period.
Daily Bullsih Flag Pattern BO in CARTRADE TECHIntroduction:
CarTrade Tech Ltd. operates an online marketplace for new and used vehicles. Its brands include CarTradeExchange and MotorExchange. The company was founded by Vinay Vinod Sanghi and Rajan Jitendra Mehra on April 28, 2000 and is headquartered in Navi Mumbai, In
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Frequently Asked Questions
The current price of CARTRADE is 720.00 INR — it has decreased by 0.44% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange CARTRADE TECH LTD stocks are traded under the ticker CARTRADE.
CARTRADE TECH LTD is going to release the next earnings report on May 29, 2024. Keep track of upcoming events with our Earnings Calendar.
CARTRADE stock is 2.28% volatile and has beta coefficient of 0.59. Check out the list of the most volatile stocks — is CARTRADE TECH LTD there?
CARTRADE earnings for the last quarter are 1.38 INR per share, whereas the estimation was 1.83 INR resulting in a −24.86% surprise. The estimated earnings for the next quarter are −2.10 INR per share. See more details about CARTRADE TECH LTD earnings.
CARTRADE TECH LTD revenue for the last quarter amounts to 1.20 B INR despite the estimated figure of 1.04 B INR. In the next quarter revenue is expected to reach 1.28 B INR.
Yes, you can track CARTRADE TECH LTD financials in yearly and quarterly reports right on TradingView.
CARTRADE stock has risen by 2.86% compared to the previous week, the month change is a 13.21% rise, over the last year CARTRADE TECH LTD has showed a 84.62% increase.
CARTRADE net income for the last quarter is −242.30 M INR, while the quarter before that showed 109.35 M INR of net income which accounts for −321.59% change. Track more CARTRADE TECH LTD financial stats to get the full picture.
Today CARTRADE TECH LTD has the market capitalization of 33.92 B, it has decreased by 1.91% over the last week.
No, CARTRADE doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, CARTRADE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CARTRADE TECH LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CARTRADE TECH LTD technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CARTRADE TECH LTD stock shows the buy signal. See more of CARTRADE TECH LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on CARTRADE TECH LTD future price: according to them, CARTRADE price has a max estimate of 1000.00 INR and a min estimate of 480.00 INR. Read a more detailed CARTRADE TECH LTD forecast: see what analysts think of CARTRADE TECH LTD and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CARTRADE TECH LTD EBITDA is 541.99 M INR, and current EBITDA margin is 10.13%. See more stats in CARTRADE TECH LTD financial statements.