GUJALKALI - Sustaining above 750 even though volume has dropped

GUJALKALI - Gujarat Alkalies

Context - Sustaining above 750, even though volume has dropped

This is after a high volume markup from 300 to 750

Plan -
to Purchase Breakout above 1000
or, rejection indications near 550

PB 1x
PE 10x
DE 0.1x
ROCE 13%
Div 1%

Trade active:

GUJALKALI - Updated Analysis

Remains within the range (630-1030) defined during May'22-Jun'22

Plan ahead, to Purchase Breakout above 1000
or, rejection indications near 600