YR 2022 Idea #84: Long on RUSHILThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Rushil Decor Ltd.
No trades
What traders are saying
#RUSHIL- Potential BO#RUSHIL- Potential BO
CMP - 577.35
BO Only Above 620
Next Levels can be expected 990 & 1720
View will be negated below 359
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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Rushil Decor - MomentumAlong with Greenpanel the listed MDF players. There is a shift from marine ply to MDF among developers which will benefit them in a big way. (Have shared a buy in the past too)
They have a new plant which got commissioned recently. Now they are confident and taking fund houses for plant visits which means the plant is running in full swing.
Currently its a short term play but buy at current market price with target at 515 SL 460.
Its not great risk:reward but once it hits 510 the SL can be shifted to 480 and let it run.
There could be some good out performance going forward.
RUSHIL DECOR 1:4+ RR setup 🔥NSE:RUSHIL broke out of ascending triangle pattern and gave a retest. Momentum leading to breakout is very high and volumes look bullish.
One can enter entire position at C.M.P and place a tight stop loss (marked on the chart) for a 1:4+ RRR play. Positional traders can place a deeper stoploss below 310 and go for 1:2/2.5 RRR.
Buy more of price takes support at anyone of the supporting trendlines.
Follow strict risk management. HAPPY TRADING!
Rushil Decor - MDF BoomWith India slowly switching from Marine Play to MDF it seems like 2 players who will really benefit are GreenPanel and Rushil Decor. GreenPanel just gave a super result but its locked in an upper circuit.
Rushil is finally showing signs of breaking out of its downward trend and if it can get follow thru it will be a stock worth looking into. Long at current price with SL below 259.
Caution: One of their plants is currently shut for maintenance.
looking good for target 1 of 665 and target 2 of 800 in ST.592 is sl on closing basis. risk reward very good!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Rushil decor-a screaming buy at the oncoming yearly support testThe preferential equity allotment was a sentiment killer which started the distribution in the stock..
the mark down phase has almost reached climax, but what comes after the selling climax is important to be noted..
this has a lot of downside yet left.. so i will be biased towards another redistribution....
Personally, i am very bullish on the fundamentals going forward, although this is a commodity play , the upcycle has only begun..
i will cut short the fundamental discussion , as this report lines it very nicely...
trendlyne-media.s3.amazonaws.com
www.rushil.com
Disclaimer.. not invested... researching the company...
Planning to start accumulating from 500 level and averaging upwards...
Upside is 2000 around based on technicals






















