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Federal-Mogul Goetze India - Demand at 200 and Supply at 360
FEDERAL-MOGUL GOETZE (INDIA) L
Federal-Mogul Goetze India - Demand at 200 and Supply at 360
By VVVfV
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Updated
Nov 7, 2022
5
Cheer
Cheer
1
1
Oct 5, 2022
Context - Dropped 65% to 200 in 2022 after 20x Up to 600 in 2019
In June'21 supply emerged at 360
Move up to 330, once demand appeared at 200 in Dec'21
Plan -
to Purchase Breakout above 360
or, rejection indicators below 260
PB 2x; PE 29x; ROCE 9%
Nov 7, 2022
Trade active
Federal-Mogul Goetze India
Updated Analysis - Remains with the 260-360 with red candle in last month
Therefore, Plan ahead remains the same
to Purchase Breakout above 360
or, rejection indicators near 260
autosector
FMGOETZE
indianstocks
Trend Analysis
VVVfV
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