RITES , a leading engineering consultancy company specializing in transport infrastructure, is showing technical signals that suggest a promising swing trading opportunity. Reasons are listed below : 770-800 Resistance Zone : The 770-800 level has been tested multiple times and the price is now attempting to break through this resistance, indicating strong...
NSE:RITES RITES gives brake out on daily chart. I am buying this stock Near 750 And follow sl on 660 My target will be 890 My risk reward ratio is 1:1.50 Return on capital 20%
it crosses 525.70 entry @ 525.75 stop loss: 470.95 (10.42% risk involved) target: 635.10 (20.80% reward with a risk of 10.42%) buy this stock only one can handle risk of 10.42% this is my stock idea and i am entering in it with 10.42% risk, if one cannot handle 10.42% risk please do not enter into it. I am no SEBI registered individual , please do your own...
RITES or Rail India Technical and Economic services is a leading player in the transport consultancy and engineering sector. Rites is a MiniRatna (Category-I) and Schedule 'A' Central Public Sector Enterprise under the Ministry of Railways. Negatives of the company is MFs are decreasing stake. Positives of the company are no debt, zero promoter pledge, improving...
NSE: RITES is closing with a trendline breakout and retracement candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the trendline support for the past few days which is indicating demand. One can look for a 8% to 12%...
Rites view only above 340 Breakout expectation Follow strict risk rward and stop loss if u follow the level Charts for Educational purposes only Thanks, V Trade Point
Expecting on High soon.. We can expect more than 310 soon.
NSE:RITES Symmetrical Triangle formation is observed and breakout happened this week , looks good for a target of 425 , with favourable stoploss a good R:R trade
RITES Ltd, is an engineering consultancy company in Transport Infrastructure. (A PSU). It is on a very strong Support of 240 . A very sure target of 265. and has very good potential to even go to 300. NO RIsk stock and it is the perfect time to buy this. BUY RITES.
- Symmetrical triangle Breakout - High Volume - Support on 200 EMA First Target 290-293 Second Target 320
#RITES RITES Ltd. CMP: 248.55 Target: 261 / 278 / 298 SL: 240
Targets 1st : 304 2nd : 320 Duration : 3 to 4 weeks Reasons: 1. News : Privatization of Railways, 30000 cr. more investment 2. Symmetrical triangle break out 3. Stock is above 200 EMA 4. Fast moving average about to cross over