Roto Pumps Limited
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Market insights
ROTOROTO is showing good strength and currently trading above previous resistance line. It is in to consolidation phase. It seems like accumulation has been observed in recent sessions. Now as long as it is closing above 279 then ROTO is very strong and available at very good risk-reward. One may expect 12% to 21% in next rally once it comes from consolidation phase.
Indian Farmers Will Boost This Stock:- Already A Market Leader✅ It has already tested upper trend (white line) multiple time but failed which is 1 year old resistance, but this time the stock is coming with high momentum and should easily break it. If sustains above 475 then rally will start
✅ Fundamentally stock is very strong, i have analysed companies future plans of expansion and outlook all looks good
✅Water pumps are essential for irrigation, and in India, particularly in central and eastern regions, many farmers lack their own irrigation systems unlike in Punjab and Haryana. This presents a significant opportunity for companies in this sector & Roto Pumps is already a market leader, making it well-positioned to capitalize on this growing demand.
ROTO - RISING WEDGE BREAKOUT (POTENTIAL FOR UPSIDE)Hi All,
This is about Roto Pumps
Fundamentals:
Market Cap - 1680 Cr
Stock PE - 42.9
EPS - 12.5
ROCE - 24.4%
ROE - 22%
Promoter Holding - 67.3%
Quick Ratio - 1.35
D/E - 0.27
Technicals:
Strong chart since Nov 22. Price action was moving in the pattern of rising wedge but recently given a strong breakout on good volumes which can take the price to higher levels very soon
Demand seems to be exceeding supply & should witness less profit booking taking the stock price sharply towards north side
Hope you enjoy this idea,
Happy Trading,
Thanks,
Stock-n-Shine
Roto Pumps - New Facility JumpWith a new facility commencing production, the co could see a long with solar pumps also being part of the portfolio the stock could move towards new highs.
Long at current price with stoploss below 417. (Keeping a deep SL coz the market has moved so many days that some cool off seems to be certain over the next couple days)
The stock could break the trendline and Fibo resistance above 465 and move towards new highs.
ROTO PUMPSDisclaimer : I'm not a SEBI registered analyst, Views are personal not any BUY or Sell recommendation.
Today, I observed that ROTTO PUMPS has broken out on the weekly timeframe after a period of consolidation. I anticipate an upward movement in the near future based on the price action and volume today. For specific targets and stop loss levels, please refer to the chart.
Note : View will be triggered when the price closes above 465 on Daily closing basis.
ROTO PUMP UPTRENDNSE:ROTO Pumps Ltd. The stock has competed 2 down cycle and 1 Up cycle making higher highs in up cycle and higher lows is down cycle. The stock is trending since 21-11-2022 backed by improved quarterly / yearly earnings. In process of completing #cupandhandle pattern formation.
Open for further studies not a recommendation. Please do your risk analysis prior to investing. Stock Market is subject to market risk please make your own due diligence prior investing.
Roto IN this chart we clearly see that Elliott 5 wave is completed and after that it take upside move.
so here we can take one entry with minimum stoploss for swing trading.. let's see what will happen in upcoming days..
Disclaimer:- Invest at your own risk,, i am not register with Sebi.. This chart is according to my technical analysis which i learnt from past years






















