Rolta RSI +ve divergence at support level. Can be bought for 70-75 with SL-below cmp 53.7
It is been observed that the price action have dropped down to all time lows but the company structure and working have not much changed. It is running successfully with consistent quarter returns. I believe the company is trading at a "value investing" levels and it is a good time to enter with minimum risk at current levels. Target 1: 65 Target 2: 75 Stoploss: 55
Rolta is currently receiving significant attention from the investors coupled with rising volume in the last couple of sessions. Delivery volume of Rola is about 6.5lacs on the last trading session has risen by >80% against the last 5 trading sessions delivery volume. The stock has corrected since it's last high. With this view, one can go long at the CMP for an...