Rolta RSI +ve divergence at support.Rolta
RSI +ve divergence at support level.
Can be bought for 70-75 with SL-below
cmp 53.7
ROLTA
ROLTA - AT "VALUE INVESTING" LEVELSIt 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- at the receiving end of Investor's participation!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 upside potential of 67-68 level in the immediate term.
