Federal mogul

24 set 2022

Federal mogul. AUTO ANCILLARY COMPANY. Look like downside trend is over in the stock. After base formation stock is ready to start upward move. I feel stock will complete its rounding bottom formation in coming year. CMP: 326. There is 2 stoploss short-term and long-term. For short term stop loss is 280(wcb) and for long term: 255(wcb). Target: 400/460/600/650... Some market correction is expected in coming week. So add small qty at CMP and add more qty in correction upto 300 level. This call is for long term upto 2yrs