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-452.44
-120.75
-20.00
+ 580.00
+ 233.00
-452.44
-120.75
-120.75
-20.00
-20.00
+ 580.00
The short-term outlook is bullish for CarTrade Tech. The stock has begun the week on strong note by surging over 6 per cent on Monday. The momentum looks strong. Support is in the ₹1,620-₹1,600 region. Cluster of moving averages are also present in this ₹1,620-₹1,600 region. That makes it a strong support zone. Intermediate dips are likely to get fresh buyers around this support zone and limit the downside. CarTrade Tech share price can rise to ₹1,850 in the next few weeks.
Traders can buy CarTrade Tech shares now at ₹1,707. Accumulate on dips at ₹1,640. Keep the stop-loss at ₹1,580 initially. Revise the stop-loss up to ₹1,720 when the price goes up to ₹1,770. Move the stop-loss further up to ₹1,780 and ₹1,800 when the price touches ₹1,805 and ₹1,820 respectively. Exit the stock at ₹1,845.
(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)
Published on July 1, 2025
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