RITES trade ideas

VKtradesimbalance

- The Railway Theme inside the market looks very hot now - IMO, rites is currently setting up in a way that once it induces back to the FVG it can show an impulsive move - Point or scenario 2 can be where we directly see an impulsive move right from here so position yourself accordingly and do not over size or over risk

PivotXplorer

#RITES -CMP 524.6 -Huge Volume buildup near breakout zone -On the verge of Ascending Triangle #Breakout -Last MontCPR is inside -Price is above all major SMAs -Suppt 500 #IRFC #TEXRAIL #IRCON #RVNL #BREAKOUTSTOCKS #Multibagger #nifty #StocksToBuy #RailwayStocks #PSU #NSE

ChartShala

RITES - Price action Explained ✅Go Through the Chart for More explanation + Strong Sector + Trading above Key EMAs

TTS007

Technical Analysis: RITES has been consolidating in a robust rounding bottom pattern, a structure widely recognized as a sign of healthy consolidation. The stock has spent approximately 4 months forming this pattern, indicating a strong foundation for a potential breakout. Rounding Bottom Structure: A rounding bottom is a bullish reversal pattern that signifies...

shahshaswat9

Looking good above 525 , closing required above that level in daily time frame.

Wavozen Updated 

Reason for long a) Triangle breakout b) weekly breakout c) vwap support d) Channel support e) sl compulsory

fnoGyan

Market Cap: ₹ 12,345 Cr. Stock P/E: 25.6 ROCE: 29.7 % Company has reduced debt. Company is almost debt free. Stock is providing a good dividend yield of 3.99%. Company has been maintaining a healthy dividend payout of 80.8% Basing Pattern on daily Time Frame Fresh Entry above 522 for Targets: 580, 600 ++ with strict Sl: 475.

Chart_Asset

RITES Closing above 515 wll lead to new high if failed and Broke neckline as u can see in chart is wll go some correcion

Wavozen

Reason for long a) Consolidation breakout b) super vwap breakout c) weekly breakout d) monthly breakout e) Good risk reward zone f) SL compulsory

ajaykalashi

NSE:RITES cmp is 498 Railway PSU stock providing a chance to invest and make significant gains Every dip will present a chance to buy This analysis is being done for educational and knowledge-sharing purposes. This article does not offer any kind of buy or sell advice. All stocks are positional and are held for a short to medium period of time. Everyone is...

BrahmaBull31

NSE: RITES is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 14% gain...

StockVaultt Updated 

Rites Ldt analysis on 13 Nov 23 less debt with Good reserve and 3.98% FII holding Deep Stoploss 420 on a closing basis only Target 480 520 580

rahulsharmasujan

Details are given in chart This is for education purpose only

Wavozen

Reason for long a) Reduced debt organization b) Fundas are okay c) Recently FII slowly increasing the stake in it. d) Good order book Time horizon of 2 years

ArunSamant

Rites LTD CMP - 489 Support levels & Possibilities for a bounce back Levels 489 425.25 410.80 370 If holding then i would suggest the support levels given in green can be levels to Average. Keep an SL of 352

yogesharora2409 Updated 

Rites once it cross 505 on hourly basis, it can give a 8-13% move fom 505 levels keep stop loss as 474 on day close basis

nilakshgupta Updated 

BUY - RITES LTD CMP - Rs. 567 Target - 1: Rs. 700 Target - 2: Rs. 858 . Timeframe - 2 months - 6 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!

raigvivek Updated 

A cup and handle breakout is confirmwed on Daily chart of NSE:RITES . One can create a fresh position in the scrip near 445 or below level witg a stop loss of 420 and for target of Rs, 500/550 in near term. Exit the position if the stop loss is triggered on WCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME. I AM EAGERLY WAITING FOR YOUR...