RALLIS INDIA LTDAlış
Double Bottom Formation Breakout - Keep Accumulating
Rallis India belongs to the Industry of Agro Chemicals/Pesticides.
The Stock has formed double Double Bottom on Charts and there is a clear breakout with excellent volume. The stock from a technical standpoint is comfortably placed above its key moving averages, around 13% and 17% from 50DMA and 200DMA.
The Company is fundamentally sound with a reasonable debt to equity of 2% which signals a healthy Balance Sheet. Rakesh Jhujhunwala holds a stake of 9.93% in the Company.
Keep Accumulating at these levels with positional to long term mindset for targets of 400-450
Feel free to share your feedback and queries
The Stock has formed double Double Bottom on Charts and there is a clear breakout with excellent volume. The stock from a technical standpoint is comfortably placed above its key moving averages, around 13% and 17% from 50DMA and 200DMA.
The Company is fundamentally sound with a reasonable debt to equity of 2% which signals a healthy Balance Sheet. Rakesh Jhujhunwala holds a stake of 9.93% in the Company.
Keep Accumulating at these levels with positional to long term mindset for targets of 400-450
Feel free to share your feedback and queries
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.