WEEKLY CHART OF IP RINGS LTD IP Rings Ltd Overview:
Sector: Auto and Auto Ancillary
CMP: ₹154.25
Market Cap: ₹196 Cr | Beta: 2.56 | Sector PE Ratio: 46.28
52W H/L: ₹221.00 / ₹80.00
All Time High/Low: ₹278.80 / ₹15.10
Analysis:
Fundamentally showing strength, recovering from low of ₹32.10 to ₹218.10.
Retraced to ₹154.25, potential correction to Fibonacci 50% level at ₹125.
Chance of breakdown from lower Bollinger Band on weekly chart.
Note: Monitor for potential recovery near 50% Fibonacci retracement level.
Disclaimer: This information is for educational purposes only and not financial advice. Investing involves risks; consult with a financial advisor and perform due diligence before making any investment decisions.
