RIIL
#aplltd #alembic #cipla #lauruslabs #biocon #granules #lupin #it#APLLTD
NSE:APLLTD
NSE:APLLTD
CMP: 725
Target: 815
SL: 700
RR > 3
TF < 3 months
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
RIIL - Bullish flag pattern formedReliance Industrial Infrastructure Ltd
Sector: Infrastructure Developers & Operators
Industry: Engineering - Turnkey Services
Market Capitalization(Rs. Cr.): 1472.65
52 Week High: 1032.60
52 Week Low: 347
Stock P/E: 182.48
Sector P/E: 25.62
Debt/Equity: 0.00
Net profit June quarter(Rs. Cr.): 1.79
Net profit September quarter(Rs. Cr.): 1.94
Net profit December quarter(Rs. Cr.): awaited 20 January 2022
Net profit April 2020-March 2021(Rs. Cr.): 7.70
Net profit April 2021-Till date(Rs. Cr.): 8.07
With results around the corner a good stock to watch out for.
Read chart carefully to understand the trade
R1 1001
R2 1028
R3 1052
S1 951
S2 926
S3 900
Hope this helps.......
Your feedback is highly appreciated.
RIILadd RIIL cmp and near 844
we seen 1088/1212/1355/1442
NOTE: ALL VIEWS ARE EDUCATION PURPOSE ONLY.
RIIL - Long viewTrading idea for the stock
Buy: 757
Target: 804
Stop loss: 747
Profit: 4700
Loss: 1000
Risk/Reward: 1:4.7
Quantity: 100
Look for booking partial profit at 780 levels and then trail the rest.
R1 - 782.90
R2 - 824.10
R3 - 906.50
S1 - 659.30
S2 - 576.90
S3 - 535.70
Ruel Fernandes
[email protected]
9819683693
