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Riteslong

RITES for 25% (approx..) GainRites is showing consolidation as well as cup and handle breakout and showing good volume breakout with good delivery. company holds good fundamental with solid FII, DII and Promoter holding. CMP : 450 TG : 560 SL : Below 21 EMA Stock's selection based on 5 Point Analysis: 1: Idea : Breakout . 2: Support : Volume, Delivery & VWAP. 3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. 4: Fundamental : PE, PAT, Industry & peer PE and sector performance. 5: Timing : Entry Timing on Daily chart. Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk . Please consult your financial adviser before taking any decision.
NSE:RITESLong
by SthitaprajnaYogi
5