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jayaprakash99

Is CARTRADE bottomed out?

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CARTRADE TECH LTD (NSE:CARTRADE)  
jayaprakash99  
NSE:CARTRADE   CARTRADE TECH LTD
Fundamental Analysis Support and Resistance Technical Indicators fundamental-analysis Bullish Divergence
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fundamental supportandresistance indicator fundamental-analysis bullishdivergence
CARTRADE has fallen around 60% since the listing in exchanges. Even though it announced good results for Q3 FY22(Loss is posted primarily because of exceptional, non-recurring for ESOP granted in FY21), the stock keeps falling. Today, the stock has risen nearly 11%, forming Bullish Divergence on the Daily chart. It seems like the stock is gonna move upwards from current levels.

Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.

Happy Trading

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