RUPA Daily looking bullish , it has trendline breakout , inverted head and shoulder breakout with 200 ema support on daily candle. Good to buy at 298 with sl below 267 for target of 367,403
Hello Everyone, Today, I have selected the stock as RUPA. I have tried to explain the pattern formed in Rupa from all time low to till now. Discussed, the possible movement in near future & how Rupa can perform in long future. I am also sharing you the link of KCT channeling technique where I have covered the use of channels in identifying the wave structure....
Chart -> Rupa Daily Rupa & Company has given a range breakout with a huge volume. Target will be distance of high and low of consolidation range and SL will be recent low. CMP: 571 Good range: 520 to 550 Target: 700 SL: 480 Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial...
#RUPA Another good company, getting ready for big moves ahead. Will add if DC > 567 #vr
Rupa & Company Limited is engaged in the manufacture of knitted apparel, including hosiery. The Company offers textile, leather and other apparel products.
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c....
As per the 2 Hour Chart of RUPA, we have witnessed the Formations of a “Bullish Engulfing” and a “Morning Star” Pattern on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 496.10, 505.80, and...
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price) 4. Either sell on initial stop loss hit or when closes below daily supertrend With YOY sales growth of 25% and YOY profit growth of 35%, Rupa may give high volume breakout tomorrow after a...
CMP: 517 Trading in a box near All Time High. Box consolidation. Rising volume.
Very Clear Cup and Handle Formation. After Breakout Minimum Target should be 556+436= 992. Buy only above 560 with 6-9 months Time-Frame. SL should be kept at 540 All Prices should be adhered on a Weekly Closing Basis. Fundamentally all Ratios and Valuations support investment rationale. (PE-21, ROE-26, ROCE:30, OPM:19) Disclaimer: No Buy/Sell...
CHART -> RUPA & Co WEEKLY SETUP As seen per the charts: 1. Big Cup and Handle formation is under construction, with 555 as resistance. Any weekly close above 555 will be considered as breakout. 2. Last correction in the stock has formed a double bottom pattern, which is also a bullish pattern. 3. After double bottom, we can see huge volume bars also. We have...
Broken trendline and is a good swing trade. Entry: CMP t1: 471 t2: 507 t3: 549 SL: 395
Rupa has given a trendline breakout with huge volumes, RS was also facing hurdle to get above 64. Now it is 66. Also the price is near to 200 DMA, giving more scope to rise. Disclaimer: This is for educational purpose only. This is not any recommendations
CHART -> RUPA & COMPANY DAILY SETUP Rupa has given a trendline breakout with huge volumes, RSI was also facing hurdle to get above 64.. Now it is 66. Also the price is near to 200 DMA, giving more scope to rise. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor...
RUPA looks good for a bounce back can start adding few quantity SL 380
This trade is a little risky. All important levels are given in the chart Happy Trading
Buy @473, SL-469, TGT-480 Sell @466, SL-470, TGT-456
The stock has reverse from its peak and will find support only at 385 as marked in the chart. Fibonacci 0.61 retracement levels also matches with this traditional support. the stock will take support at 385 and then revisit the up trend. Volumes are not encouraging. For academic exercise.