HawkishDove

RUPA BO [Daily]

HawkishDove Updated   
NSE:RUPA   RUPA & CO LTD
RUPA BO with huge volumes above a pivot point. RUPA has come in daily screen for multiple times now and today the volumes have amazed beyond a point. Tracking this now to see if a position can be taken here on a pullback.
Keep in the watchlist for now :)
Comment:
ouch ouch ouch, this gotta hurt. Market breadth has taken a shock on the last 2 days, will look for some breadth stability before even thinking about some positions now.
Comment:
Not much momentum in this. RS rating although has improved from 17 on 2nd Feb to above 30 today, but there are still better stocks out there to track I feel.
Shouldn't have even posted this earlier seeing these RS scores.
Good learning, one should trust RS score, failed BOs are less often when RS is good.

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