RPG Life breaks out with high volumes. Watch for a follow up move.
NSE:RPGLIFE LOOKING GOOD SUPPORT LEVEL UNDER 340 BUY ABOVE 345 ADD UNTIL 330 STOPLOSS 325 TARGET 360-375-390-405-420+ POSITIONAL CALL
373/78 resistance zone ...which has been broken ..daily close sustain these levels ..might see a level of 410/29/42 stoploss 365 below daily closing disclaimer - not a buy recommendation. do your due diligence
RPGLIFE (Spot) made double bottom pattern in weekly timeframe. This is looking attractive for 411/461/521 if 329 is protected on DCB. Fundamentals- -> Company has been maintaining a healthy dividend payout of 29.68% -> Pharma and API are in strong uptrend.
As Pharma / Chemical sector is in trend, this company is at promising levels on chart and possess good fundamentals.
Stock has given a breakout last session and moving towards 20 DMA. Target 400, 440, 480, 520 in 3 months timeframe
TREND REVERSAL AND PERFORMING SECTOR AHEAD TARGET - 450++++
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Long above 308.50 with a target of 350. SL of 294.
Keep on radar! Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
chart explains the rest. keep eye on price action this week