RALLIS trade ideas
Rallis India: Early signs of Reversal T1- 175; T2-179
S1-158; S2-155
SL-150
50EMA - FLAT
RSI: Wk>50: Dl<50
Fall with less Volume +ve sign
RSI Wkly with +ve divg
RSI Day & smaller TF - ve divg
PA changes to HH - HL (up trend)
with BO ABV 168 both on Wkly & Dly TF,
view valid till it maintains closing ABV 150
GOOD TIME TO ADD RALLIS INDIARALLIS INDIA HAS BOUNCED FROM LONG TERM SUPPORT OF 140. ONCE IT CROSSES 180 LEVELS WITH VOLUME WE CAN SEE 220+ LEVELS IN COMING MONTHS.
Rallis : Ready for RallyRallis has bounced support of 140 (pink line). Today's volume was good. Buy in dip @ at 150.50-149 SL 138 (daily closing ) and hold for 180-190 zone.
RSI and CCI are showing crossover on daily chart.
RALLIES INDIARALLIS APPEARS TO REVERSE BACK AFTER TAKING SUPPORT @ 145.
NEXT TARGETS IN THE COMING DAYS ARE 150 AND 156.
KEEP STOP LOSS @ 143.
RALLIS - NO RALLY UPWARDS NOW!IT SEEMS WILL COME BACK TO 150 LEVEL OR FURTHER TO 110.
IF YOU WANT A TATA GROUP COMPANY, THEN BUY AT 110 - 150 PRICE RANGE.
IF ANY MAJOR POSITIVE DECISION MAKING IS DONE BY MGMT., THEN IT WILL JUST GO TO 200 EASILY.
Inside bar idea RALLIS Inside bar in RALLIS,
buy if PDH broken at 189.5 with SL at 186.1
short if PDL broken at 186.1 with SL at 189.5
Rallis India : Short term buyBuying Rallis India in cash for short term with SL small as 220 and targets as 245 and 260
Daily chart
Close above the Weekly HighsRallis India closed above the weekly high after a long time
Increased volume suggests that long positions are being built up for this stock.
Rallis Inverted H&S formation underway#RALLIS is forming the Right shoulder of the Inverted H&S bullish continuation pattern on Weekly Chart. Buy on a weekly close above 256 for a target of 350. SL: 238
Possible H&S formation in RallisIt appears that Rallis is forming a Bearish H&S formation with neckline at 232. Sell below 232 for a target of 206.
