Rossari Biotech has demonstrated consistent financial growth, with its revenue increasing from ₹516 crores in FY2019 to ₹1,910 crores in the trailing twelve months (TTM) of FY2024. The company has maintained a stable operating profit margin around 13-17% over the years, reflecting its efficient cost management and strong market position. Although the return on...
Consider a compelling swing trade opportunity in Rossari Biotech , a leading specialty chemicals manufacturer in India, renowned for its innovative and sustainable solutions across various industries. Reasons are listed below : Price at Support Zone : Rossari Biotech is trading at its support zone, where it was initially listed, indicating potential buying...
Any dip to be used as buying opportunity. Trend now is Higher Highs - Higher Lows.
Price bounced at key support level and RSI showing moderate bullish divergence on daily TF. Expecting the price to make a leading diagonal pattern as highlighted, will update the chart later if any changes observed. Good to buy at CMP for the following targets: Medium term swing target @ 1270 (80% ROI) Long term positional target @ 1560 (120% ROI) Strong...
almost 2 and a half year, the stock has given about 22% returns. this is a very bad performed. nifty small&mid cap indice is going to get bullish very soon. and rossari would be a part of it. its trading near to its IPO LISTING PRICE. this stock has a good fundamentals, and sales. so it got a lot of potential to go upside. i have drawn several levels, to take...
a debt free company, with a good fundamentals, and expected to give a good quarter. stock has given a good breakout, with a long green candle, and there is no sign, it will pullback. i am bullish of this company, and now it has started to give a good uptrend. it could go a little slow, from nifty, but the key is, it will be keep on rising. this is because, the...
Symmetrical triangle is formed in daily time frame.