T1- 175; T2-179
S1-158; S2-155
SL-150
50EMA - FLAT
RSI: Wk>50: Dl<50
Fall with less Volume +ve sign
RSI Wkly with +ve divg
RSI Day & smaller TF - ve divg
PA changes to HH - HL (up trend)
with BO ABV 168 both on Wkly & Dly TF,
view valid till it maintains closing ABV 150
Rallis has bounced support of 140 (pink line). Today's volume was good. Buy in dip @ at 150.50-149 SL 138 (daily closing ) and hold for 180-190 zone.
RSI and CCI are showing crossover on daily chart.
IT SEEMS WILL COME BACK TO 150 LEVEL OR FURTHER TO 110.
IF YOU WANT A TATA GROUP COMPANY, THEN BUY AT 110 - 150 PRICE RANGE.
IF ANY MAJOR POSITIVE DECISION MAKING IS DONE BY MGMT., THEN IT WILL JUST GO TO 200 EASILY.
Rallis India Ltd. manufactures and markets pesticides, plant growth nutrients, and seeds. It operates through Agri-Inputs and Others segments. The Agri-Inputs segment comprises of pesticides, plant growth nutrients, organic compost, and seeds. The company was founded on August 23, 1948 and is headquartered in Mumbai, India.
RALLIS
