Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Weekend time, weekend chart!
Chart -> Ruby Mills Weekly
518 to 450 was a 5-year-old resistance area, and this week stock has given closing above that resistance. Look at the volume buildups too!
CMP: 550
Good range: 450to500
Targets: 940
SL: 377
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI...
15 years Channel breakout in Ruby Mills.
Stock has a potential to reach 900 range in coming weeks.
For the further upside movement stock has to close above 587 range in a weekly chart.
Now, 500 range should act as support. 425 will be the ideal SL.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your...
ALSO BUY MORE AT 338
The Company has been maintaining an effective average operating margins of 26.35% in the last 5 years.
The company has an efficient Cash Conversion Cycle of 68.34 days.
The company has a high promoter holding of 74.90%.
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
1. Breakout with good volumes
2. Retest with decreasing volumes. Weak buyers quit.
Also, Textile stocks in momentum.
* Promoters holding remains unchanged at 74.90% in Dec 2021 qtr.
* FII/FPI have increased holdings from 0.00% to 0.02% in Dec 2021 qtr.
educational idea rubymills has given the breakout and we expect the stock May go for given target levels to inspire us,Please like the idea If you agree with the analysis.
