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.
RALLIS APPEARS TO REVERSE BACK AFTER TAKING SUPPORT @ 145. NEXT TARGETS IN THE COMING DAYS ARE 150 AND 156. KEEP STOP LOSS @ 143.
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.
Buy the dips or on the breakout for targets mentioned in the chart.
Inside bar in RALLIS, buy if PDH broken at 189.5 with SL at 186.1 short if PDL broken at 186.1 with SL at 189.5
Buying Rallis India in cash for short term with SL small as 220 and targets as 245 and 260 Daily chart
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.