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Buy with stops at 190 tgt 220
Buying Rallis India in cash for short term with SL small as 220 and targets as 245 and 260
Rallis India closed above the weekly high after a long time
Increased volume suggests that long positions are being built up for this stock.
#RALLIS is forming the Right shoulder of the Inverted H&S bullish continuation pattern on Weekly Chart. Buy on a weekly close above 256 for a target of 350. SL: 238
It appears that Rallis is forming a Bearish H&S formation with neckline at 232. Sell below 232 for a target of 206.