A beaten down fundamentally strong share available at a throw away price. I m bullish on the stock. My targets are based more on fundamentals then on technical.
(T1 = 65) (T2 = 78) (T3 = 120) Long Term Target is 270 & above (3 to 5 years)
No Buy or Sell recommendations. Just for educational purpose only.
RPPINFRA long/Buy
Green Target Zone:
SL Weekly Closing basis: below Bold Green Line
Can be Average on the White Tread line.
on the daily Chart, GAP between 66 to 71 Which can be a really good entry point for long / Buy
* SL only Weekly Closing.
RPP Infra is a potential candidate for a symmetrical triangle BO, RSI is on uptrend at 54, volumes for today looks good. Need a monthly closing above 78.75, next hurdle at 85.95.
Keep on your watch list.
Disc: Invested, not a reco to buy/sell
As seen through charts, RPP Infra weekly chart is trading in bullish channel. One can take long term decisions by looking at this channel.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
