Fundamental are very strongBuy near 410 - 425
Sl 380 CS
Target 1 445
Target 2 470
Target 3 490
Target 4 520
Weekly candle should close above 530 to give good momentum time frame 6month to 9month will give you 100% return keep patient
RUPA trade ideas
Long term view_Rupa & Company LimitedHello Everyone,
Today, I have selected the stock as RUPA.
I have tried to explain the pattern formed in Rupa from all time low to till now. Discussed, the possible movement in near future & how Rupa can perform in long future.
I am also sharing you the link of KCT channeling technique where I have covered the use of channels in identifying the wave structure.
I am trying to cover "A stock analysis on per day basis" in order to explain concepts behind "The Elliott Wave Theory"
I am also sharing the link of the book written by Mr. R N Elliott where, he has explained all the concepts in details regarding Elliott Wave Theory.
Please like share and comment. Thank You!
RUPA: BREAKOUTStock has given a breakout of the rectangular range consolidation. One should buy the stock with SL of 485 and look for the target of 650-80 zone.
Seems Bullish !Look for retracement. This is not a call, plan your investment according to your plan.
Rupa Range BreakoutChart -> Rupa Daily
Rupa & Company has given a range breakout with a huge volume. Target will be distance of high and low of consolidation range and SL will be recent low.
CMP: 571
Good range: 520 to 550
Target: 700
SL: 480
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
#RUPAStock has given multi-year breakout after 2017.. can be accumulated for target 700/850.. CMP 571
BOX PATTERN BREAKOUTWhen price break any well defined boundary above 200 Day Moving Average then high probability price continue the trend . Our work is only manage our risk and quantity .
long Rupa.....Buy in this range
looks good from here...
please analyse yourself before any investment.
RUPA & CO LTD: Positive outlookNSE:RUPA shows strong buy indicated by PSAR, MACD & Fisher crossover .
Target 1: 531.55
Target 2: 547.30
Stop Loss: 508.35
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
RUPA For long term
#RUPA
Another good company, getting ready for big moves ahead.
Will add if DC > 567
#vr
Rupa and Company- Nearing Upflag BreakoutRupa & Company Limited is engaged in the manufacture of knitted apparel, including hosiery. The Company offers textile, leather and other apparel products.
#RUPA - Potential Breakout Idea#RUPA - Potential Breakout Idea
CMP - 528.15
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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Upside breakout possible in RUPA The stock has tested the mentioned level quite a few times with increasing volume near the breakout level. So watch out for closing above the level for confirmation.
Rupa Higher Top Higher Bottom1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After taking support at the 385-400 support zone, NSE:RUPA has created a high volume higher top higher bottom pattern on the daily charts. Buy with a stop just below Rs.434. Rupa has registered a TTM sales growth of 42% and TTM profit growth of 96% in the last quarter.
Other fundamentals:
1. Average ROE for last 3,5 and 10 years above 15%
2. Current PE of 18.78 is much less than 10 years average PE of 26
3. Company has been maintaining a healthy dividend payout of 31.16% (consistent dividend payer since 2010)
4. Debt to equity at 0.43 (less than 1 is good), Interest Coverage at 18.4 (greater than 3 is good), Current ratio at 1.98 (greater than 1.5 is good), FCF to CFO at 72.4%.
5. There are 18 sub-brands under brand Rupa -Frontline, Jon, Air, Macroman, Euro, Bumchums, Torrido, Thermocot, Kidline, Footline, Softline, among others.
6. Exclusive license for the brands:
a) French Connection UK (FCUK)
b) Fruit of the Loom (FOTL)
The FCUK and FOTL products have been launched at different locations in India.
7. Company's growth plans include expansion of footprints in South and Central India, as well as beyond Indian shores into international markets viz, the Middle East, South Asia, South East Asia, and others.
Expecting a Bullish Momentum in RUPAAs per the 2 Hour Chart of RUPA, we have witnessed the Formations of a “Bullish Engulfing” and a “Morning Star” Pattern on the downside levels.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 496.10, 505.80, and 516.30. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 481.15, on closing basis.
Closing Price (as on 27.04.22) : 486.95
Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
LONG OPPERTUNITY IN RUPA & CO**Buy Rupa & Co CMP 510, Add till 470**
**Sl 385 CLOSING BASIS, 25% from CMP**
****FOR EDUCATION PURPOSES ONLY***
RUPA & CO. LTDCMP 475. Multiyear Breakout ABOVE 560. Add More Around 400. TARGET 800-1000. Consolidating in a range since last 5 Years. Box Breakout.
RUPACRS is positive with good volume which means that the stock has started to outperform the Nifty index. Target and stop loss is marked. This is only for study purposes
Rupa going to give breakout tomorrow?1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Either sell on initial stop loss hit or when closes below daily supertrend
With YOY sales growth of 25% and YOY profit growth of 35%, Rupa may give high volume breakout tomorrow after a consolidation of 6 months. If it can stay near the top till 3.15, buy with a stop below Rs.509.
Other Fundamentals:-
1. Average ROE for last 3,5 and 10 years above 15%
2. Current PE of 19 is much less then 10 years average PE of 26
3. Dividend yield of 0.58 (consistent dividend payer since 2010)
4. Current ratio 1.98, Debt to equity 0.43, Interest coverage ratio 18.4
5. Very high FCF to CFO of 72%
All in all, a fundamentally strong company on verge of a consolidation breakout.
RUPADISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publish this
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
