RITES Limited is a company in India that was started in 1974. It is a government-owned company and is known for its expertise in transportation consulting and engineering. The company is the only export arm of Indian Railways for providing rolling stock overseas.
As visible from the chart price has retested its resistance multiple...
Price took support at the major support level and formed a "W" pattern. After the break-out of the "W" pattern price is sustained at the break-out level, and price formation looks bullish.
Trade can be executed with a good RR ratio.
The above chart is only for educational purposes only. Please don't trade based on the above chart only. Take your informed...