RUPA: BREAKOUTStock has given a breakout of the rectangular range consolidation. One should buy the stock with SL of 485 and look for the target of 650-80 zone.
Rupabuy
RUPA For long term
#RUPA
Another good company, getting ready for big moves ahead.
Will add if DC > 567
#vr
RUPA CMP504 TGT992 (Buy only above 560)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 Recommendation. Only for Information Sharing purposes.
