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neeraj_2_sharma

Multi-Breakouts seen on Rallis

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RALLIS INDIA LTD (NSE:RALLIS)  
neeraj_2_sharma  
NSE:RALLIS   RALLIS INDIA LTD
Trend Analysis Chart Patterns rallisindia RALLIS stockstobuy indianstocks chartpatterntrading Contains image
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trendanalysis chartpattern rallisindia rallis stockstobuy indianstocks chartpatterntrading containsimage
The stock was seen breaking out of a cup and handle pattern as well a year old trendline resistance on Tuesday's session.

The vol on breakout was satisfactory providing validation to the breakout.
The cup &handle breakout target is projected to be around INR310-320 zone(25% from CMP).

On the downside INR 235 can be used an a 'Sl'.

CMP 257
SL 235
Target 315
Aviso legal

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