Scrip can correct and show minro pullback as it had seen sudden surge although would be good oppurtnity to invest at support levels with double bottom
Rest in charts.
Bullish momentum sign
1) RSI indicator rising (sudden surge)
2) Promoter holding on higher side
3) MACD bullish crossover
3) Research report shows conviction of growth in the company which is also...
This stock is having steady growth. From October 2016, price is moving upside from 30 points to 60 points level which is double of the stock price. I expect this stock to gain 30 to 40 points in 1 to 2 years. Always consult your financial manager before investment.
Rishiroop Ltd. engages in the operation of polymer, its compounds, and their related products. It focuses on manufacturing of synthetic rubbers, PVC-NBR blends, and trading of polymers. The company was founded on September 24, 1984 and is headquartered in Mumbai, India.
BSE
