NACHATUR

Breakout in Rallis India

Long
NSE:RALLIS   RALLIS INDIA LTD
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1
A breakout has been witnessed in Rallis India from a triangular formation and from a horizontal resistance too on good volumes. There may be weakness below 253. Closed on Friday @ 258.20, first target is 289 and then 318.

Disclaimer: This is not a recommendation to buy or sell. Only for educational purpose.
Comment: First target of 289 achieved.