Fed Mogul Goetze Cmp 301.80 dated 3.5.2021
Triangle Pattern on chart showing breakout above 315.
Volume have increased tremendously.
Debt free company & promters holding 95%
Buy for a tgt of 350 & 420 SL 275
It is just a view, pls trade at your own risk.
FMGOETZE can be brought for a short term target of Rs. 509 on following ground :-
1. The stock is moving above 20 and 50 EMA.
2. Today's price increase is supported by increase in volume of 38119 against 8 Day Average volume of 29124.
3. The share can be brought between Rs. 475 and Rs. 480 with a Stop Loss of Rs. 465.
Please take your own decision and do not...