"Outperform"🧲 RAJRATAN - Reversal in the Making?
📈 Technical View:
Monthly chart forming a strong base with a breakout from long-term falling trendline.
RSI and MACD on both weekly & monthly showing bullish crossovers after long consolidation.
Volume increasing on breakout candle, suggesting institutional interest.
Sustaining above ₹400–₹420 zone could invite further momentum.
💹 Fundamental Snapshot (as per Screener):
Consistent profit-making wire exporter with healthy ROCE and debt under control.
Revival in auto sector and export demand can support future earnings.
Promoter holding stable ~65% and no major pledging.
📝 Disclosure: Watch for confirmation above ₹430+ levels with volume. Avoid if closes below ₹390.
⚠️ Disclaimer:
This is a high-risk idea, suitable only for long-term investors or speculators with risk appetite. Not a recommendation. Do your own research.
📝 Note: Please do your own due diligence. This is not a recommendation, just a view based on charts and fundamentals.
🧠 Disclaimer: For educational and research purposes only. No buy/sell advice.
📝 Chart Purpose & Disclaimer:
This chart is shared purely for educational and personal tracking purposes. I use this space to record my views and improve decision-making over time.
Investment Style:
All stocks posted are for long-term investment or minimum positional trades only. No intraday or speculative trades are intended.
⚠️ Disclaimer:
I am not a SEBI registered advisor. These are not buy/sell recommendations. Please consult a qualified financial advisor before taking any investment decision. I do not take responsibility for any profit or loss incurred based on this content.
Long