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The preferential equity allotment was a sentiment killer which started the distribution in the stock..
the mark down phase has almost reached climax, but what comes after the selling climax is important to be noted..
this has a lot of downside yet left.. so i will be biased towards another redistribution....
Personally, i am very bullish on the fundamentals ...
Mutual Funds out with their Fishing Lines on this Equity
Higher highs and higher lows plus stock is in uptrend since April 2016. Buy Rushil decor with a short term target of Rs.700 with a stop loss of 570.