RUPL LONG TRADE 18-06-2025 (Synthetic & Ryon Sector)RUPL LONG TRADE
After hitting a low of 16.70, RUPL consolidated within a trading range (16.00 - 24.55) marked by a yellow channel. A breakdown followed, forming a bearish channel (light blue), which is essentially a bull flag. Recently, the stock broke out of this channel with a spike, signaling an upward move. After a pullback, RUPL formed bullish measuring gaps and a bullish IFDZ, indicating a safe entry point.
🚨 TECHNICAL BUY CALL – RUPL🚨
1. BUY1: 20.34 (Current Price)
2. BUY2: 18.9
3. BUY3: 17.8
TP1: 22.3
TP2: 24.5
TP3: 27.7
Stop Loss: Below 16.3 on closing basis
Risk-Reward Ratio: 2.83
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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