Stock Is Showing Strong Momentum- Must Add In Watchlist
✅RUPA & CO. has shown strong momentum, breaking out of a 1-year resistance level at 320 with a significant spike in volume. The stock has tested this level multiple times since May 2023 and now has a clear path for an upward rally if it sustains above 320. The RSI is also rising, indicating increasing buying pressure.
✅Rupa & Co. has been expanding its product range and market presence, contributing to recent positive performance. The company reported a 20% increase in revenue for Q2 FY24, reflecting robust demand in the innerwear segment.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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