mayur…
at 0.618 fibo…
macd bullish divergence, impending cross over with signal, stoch rsi bottomed out, high volume stopping action at the median line of the down trend channel followed by a bullish engulfing candle… in addition to the points mentioned in the above post…
[download%20(5)]
Mercedes final audit upcoming in sept and oct, opens up a huge corridor to the european auto market oem space…
TO Note… the cfo has resigned on 29th june…no reaction from the stock yet
expected downside possibi…
correction looks like complete almost, crossover of the oscillators at the oversold zone will confirm in the presence of the bullish divergence in the histogram…
This company is one of the scrips where i am waiting to take position and average in this market correction…
I already have a minuscule allocation to it as a disclaimer…
SO in this regard, i am saving my notes about the company in this thread…
Addition and criticism requested from all members…
the company is involved in pvc leather segment mainly, with planned expansion into polyurethane leather as well…
PVC segment caters to the following industries…
1.footware 2.automotive oem and replac…
disclaimer… completed investment for this fy
1 Like
