Mahalaxmi Rubber can give 1:5 reward

83
Textile sector can show bullish move in 2025
and Mahalaxmi rubber in this sector has been showing good fundamentals and in technicals it can start is wave 3

So perfect buying time with buy range at 230 to 240
sl 200
target 400

So Risk reward will be 1:5

Fundamentally it has shown highest profit in 2024
Promotors are holding 64% and Hni's have another 12 %

SO its buy according to my analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.