Buying Rallis India in cash for short term with SL small as 220 and targets as 245 and 260 Daily chart
Rallis India closed above the weekly high after a long time Increased volume suggests that long positions are being built up for this stock.
#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
It appears that Rallis is forming a Bearish H&S formation with neckline at 232. Sell below 232 for a target of 206.