RALLIS INDIA LTD

Updated
Rallis India Seems to be in a good accumulation zone. A truncated wave formation in the rock demand zone.Few indicator information for a rally confirmation are :
- RSI above 60
- ADX above 30
- ROC above 2
I hope this stock may perform soon or sooner irrespective of the market scenario. However as market is supreme so we need to maintain a SL. The SL seems to be below 185 and the first target seems to be 220.

Chart & Analysis
Adarsh Dey
Trade active
Has started Moving upside with huge volume.
Trade closed manually
Almost Target Reached
Note
Made a high at around 260 levels
Harmonic PatternsTrend AnalysisWave Analysis

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