Rolta has landed it is multiyear support line and sharply bounced from there after brief consolidation.
One can buy Rolta on dips upto 60 for target of 90, & 120. Long term holder can go ahead of 180. SL 55
It is been observed that the price action have dropped down to all time lows but the company structure and working have not much changed. It is running successfully with consistent quarter returns. I believe the company is trading at a "value investing" levels and it is a good time to enter with minimum risk at current levels.
Target 1: 65
Target 2: 75
Stoploss: 55
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BSE:ROLTA
