price >3>6>18>50>200 day EMA price bouncing from the neckline of rounding breakout target and SL marked
#Rubifila International AFAIK, Good fundamentals and trading in very good support zone. "We should not catch falling knife" but sharpness is low here :-)
The Trade is based on the following observations : ~ Broken form a channel pattern. ~ Potential low volume retest. ~ Retest candle is a Pin Bar Formation. ~ RR > 1:3 The chances of trade playing out are 70 % (premium members are already triggered) DO NOT MISS !
CHART -> RUBFILA WEEKLY SETUP As seen per charts, there are few things to note: 1. In weekly time frame, it has given a flag and pole breakout. 2. Last breakout candle has been with good volume. 3. RSI gone above 60. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor...
It is on long term trend buy. Long at cmp-106-108 Stoploss-104 Target-115 R:R-1:3
RUBFILA INTERNATIONAL Last 4 quarter EPS growth ———————————— September: 184% December: 128% March: 122% June : 796% Last 4 Quarter Sales growth ——————— September:34% December: 20% March : 73% June: 129% Reason for such growth is Rubfila export sales doubled in this year
Rubfila (BSE) giving a breakout after 4 years CMP 109 Target 140/150 (Positional Term) Trade as per your conviction Just for educational purpose.
Multiyear Breakout happened with large volume in Rubfila International.