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RITES LTD :- Perfect structure for cup & Handle pattern, lets see if follow & gives a breakout above its handle.
CMP :- 273.80
Simple and lucid. no complications involved. 320 could be retested. 250 a great buy if fundamentals are intact.
ADDITIONAL 400 CR ADDED TO A PROJECT(REVISED ESTIMATES)
RITES look bullish now, which broke the resistance of 281.
Can go up to 20-35 pts.