Expecting a big move here..... ROLTA INDIAAfter taking strong support the stock has been trading in an uptrend with trend line supports to give confirmation.
Educational purpose content.
Rolta India Limited
No trades
Market insights
ROLTASwing trade and long term trade analysis.
ROLTA, if the candle closes above the support,
It will be known as Morning star on weekly time frame, and can take long entry.
amazing stock to buy for long term, and swing.
Flag BO: ROLTA [Very Small Cap]📌 Only for Educational Purpose.
📌 This idea is part of the experiment to figure out if technical patterns work on fundamentally weak companies too. I'll trade it with a very tight stop loss.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!
ROLTA : An Investment Pick ... {Bullish}Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
Investment PickRolta has landed it is multiyear support line and sharply bounced from there after brief consolidation.
One can buy Rolta on dips upto 60 for target of 90, & 120. Long term holder can go ahead of 180. SL 55
Rolta Long time No See :)This was one of talked share during K10 rallies.
Long term bets can only be made if close is given above 74
Accumulation in roltaRolta looks safe bet,just playing around 200SMA since long time..if close above 64/- comfirms it breakout...52/- looks good SP...
Any Pull back is buy The stock have made Solid Consolidation,
its time for Long jump , this stock is going to move in a rapid speed manner , one can look for Entering on every pull back before 65 once it cross the 65 Mark it will catch the fire
Make your wise investments now , to have more clarity I am providing details of share holder/ Promotors
Majority shareholders : Promoters
Pledged Promoter Holdings : 47.18 % of Promoter Holdings
Mutual Funds : Held in 3 Schemes (0 %)
FIIs : Held by 41 FIIs (8.76 %)
Promoter with highest holding : ROLTA PRIVATE LIMITED (24.65%)
Highest Public shareholder: LIFE INSURANCE CORPORATION OF INDIA P & GS FUND (2.37%)
Individual Investors Holdings : 31.09%
ROLTA INDIA, LONG, TARGET-62, STOPLOSS-50After formation of Double Bottom (shown by blue line), share has formed Bullish Harami Pattern(shown in blue box). RSI is also supporting price rise (shown by arrow). Share will cross 62.
Rolta RSI +ve divergence at support.Rolta
RSI +ve divergence at support level.
Can be bought for 70-75 with SL-below
cmp 53.7
ROLTA - AT "VALUE INVESTING" LEVELSIt is been observed that the price action have dropped down to all time lows but the company structure and working have not much changed. It is running successfully with consistent quarter returns. I believe the company is trading at a "value investing" levels and it is a good time to enter with minimum risk at current levels.
Target 1: 65
Target 2: 75
Stoploss: 55
Rolta- at the receiving end of Investor's participation!Rolta is currently receiving significant attention from the investors coupled with rising volume in the last couple of sessions. Delivery volume of Rola is about 6.5lacs on the last trading session has risen by >80% against the last 5 trading sessions delivery volume. The stock has corrected since it's last high. With this view, one can go long at the CMP for an upside potential of 67-68 level in the immediate term.
ROLTA LONG SETUPRolta got breakout yesterday so its best time to buy dis stock for quick gain...entry, stop loss and target given on chart.
hit like if you agree with the plan and follow me here for more updates and trade setup
regards
king999
