RUPA & CO. is showing positive crossover on daily RSI & CCI, Friday's volume was too high but counter couldn't sustain at higher level. When you go on weekly chart you will find that counter has reversed twice from the support zone of 225-230 (pink line). This time we saw huge volume on weekly basis. In addition to this, weekly candle's body has almost covered...
Good triangle breakout with volumes and after that consolidating. Could be a good buying opportunity around current levels
Weekly closing on positive note, further rally will continue. Keeping long at CMP for target 515, Keep SL 425(Weekly closing)
Rupa has given a price-volume breakout with a inverse head and shoulder pattern from a 3-year correction. Price targets from this pattern work close to 600 lvls.