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...
Weekly Break cup and handle break out, RSI is a question as it is falling down slightly. Volumes are slightly increasing . This seems to be a week game. This company has board meeting on 31st Jan. Need to see whether it hits the Targets of 90,105,111 and 120. SL is 72 . If the result comes positive chances are that this stock would hit the up trend pattern...
