Break Out of the rising channel. Volume Shocker. All time High.
After consolidating for past 4 months, the stock price has given a clear breakout backed by volume.
NSE:ROTO Pumps Ltd. The stock has competed 2 down cycle and 1 Up cycle making higher highs in up cycle and higher lows is down cycle. The stock is trending since 21-11-2022 backed by improved quarterly / yearly earnings. In process of completing #cupandhandle pattern formation. Open for further studies not a recommendation. Please do your risk analysis prior to...
The Stock has been in trend from April 21 onwards. Made clear back to back rounding bottom patterns. The recent rounding bottom pattern is higher than previous.