#RALLIS 288 TGT 525 #Investment #TataChem #TATASons #TATAMOTORSRALLIS 288
TGT 525
SL 224
RR ~4
Timeframe <8M
Return > 80%
Risk < 25%
NSE:RALLIS
Buy Recommended
Can hold for long term
Shared with 💚
By Rachit Sethia
RALLIS
Multi-Breakouts seen on RallisThe stock was seen breaking out of a cup and handle pattern as well a year old trendline resistance on Tuesday's session.
The vol on breakout was satisfactory providing validation to the breakout.
The cup &handle breakout target is projected to be around INR310-320 zone(25% from CMP).
On the downside INR 235 can be used an a 'Sl'.
CMP 257
SL 235
Target 315
#IPL #UPL #FACT #PIIND #BESTAGRO #BHARATRAS #DEEPAKFERT #KILPEST#IPL
NSE:IPL
CMP: 263
TP: 300
SL: 245
TF: <6m
RR > ~2.4 times
Return > ~15%
NSE:IPL
UPL FACT PIIND BESTAGRO BHARATRAS DEEPAKFERT SHARDACROP SUMICHEM
KILPEST
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
RALLIS - Demand emerged at 190-230 in Jul/Aug-22After being range bound for multiple years in 125-275
Plan
- Consider to Buy above 250
- and/ or Rejections near 175
PB 3x
PE 27x
ROCE 13
DivYld 1%
Rallis India BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
R-0033 Short Term Cash Buy RALLIS @ 285 - 285.80 SL 279 TGT 298Short Term Cash Buy RALLIS @ 285 - 285.80 SL 279 TGT 298
TK cross over on short term chart on ichimoku cloud so go long
Rallis. Cup BreakoutRallis
Cup and handle break out in Daily
Handle formed with lower price and lower volume
Missed the entry.
Now giving a change as a box is formed.
Breakout over 280 should result in a 75 to 85 Rs move.
