RallisLooks good just like many of the fertilisers and agro chemical stocks like Paradeep/RCF/Rama Phosphates/krishana Phoschem and others
Has given a breakout of the gann level @261 which is going to the SL just below that level.
RALLIS trade ideas
Multi-Breakouts seen on RallisThe 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
Rallis India LTDRallis India ltd , has breakout the trendline with forming a cup and handle pattern in weekly timeframe
rallisnet profit rose to 820 million Indian rupees in the fiscal second quarter from 720 million rupees a year ago.
Earnings per share for the quarter ended Sept. 30 jumped to 4.23 rupees from 3.65 rupees a year earlier.
RALLIS - Buy Zone in One Day TFRallis India Ltd is making a buy zone for its buyers and stock traders can wait or make average till the strong Buy Zone as all points are mentioned on the chart.
RALLIS INDIA PREMPTING BREAKOUTRALLIS INDIA promoter buying was on 18 july after which gap up and then fell down now again rallis india nearing to take out 18 july high and proceed for new breakout
cmp 230
sl 210
target 254 : 274 : 305
RALLIS INDIA LTD_10.09.2023Rallis India Ltd on the edge of breakout, further more confirmation can be received on crossing 240. Midcaps are best buys of 21st century. Easy gains of 20%. Educational purpose only.
Rallis India Ltd *_Rallis India Ltd._*
*W* Formation in Making on Monthly Basis.
Targets basis Fibonacci Retracement.
Rounding Bottom Completion @320 levels.
Post this, if Sustains, May see 640+ levels.
Trail SL with Upside.
Book Profit as per Risk Appetite.
A Tata Group Co. Mfgs. Agrochemicals & is present across Value chain of agriculture inputs.
Capex done for 2 New Plants in Dahej.
Growing Sales: Yrly Basis.
Profitability: Volatile on Qtrly / Decline on Yrly.
Negligible Debt. Growing TNW.
+ve CF from Ops. Stable WC Cycle.
Stable Promoters Stake. FII Stake Increasing.
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
Strength Gaining Stock! #RALLISStrength Gaining Stock!
Rallis India Ltd. #RALLIS
1. Inverted Head & Shoulders
2. Highest Weekly Volume Ever
3. Rising from bottom of Volume Profile
Keep on your Screener.
#stocks #trading #stockmarkets
Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
Buy Rallis India LimitedBuy Rallis India Limited (NSE:RALLIS)
Buy Range- 255 - 260
Target- 282 - 285
StopLoss- below 245
Potential Return- 10-11%
Approx trade duration 12-14 days
Rallis IndiaThe company is into manufacturing of Agrochemicals and is present across the value chain of agriculture inputs - from seeds to organic plant growth nutrients. Rallis is also in the business of contract manufacturing for global corporations.
- Bullish , Target and stop loss mentioned in chart ,
- In-spite of Target and SL given , This script is good to hold for long term
1. Crop Care Segment (84% of revenue)
2. Seeds Segment (16% of revenue )
Market Cap
₹ 4,696 Cr.
Stock P/E
28.7
Book Value
₹ 91.2
Promoter holding
50.1 %
Debt
₹ 175 Cr.
Pledged percentage
0.00 %
Debt to equity
0.10
Reserves
₹ 1,754 Cr.
Price to book value
2.65
Int Coverage
35.0
PEG Ratio
12.0
RALLIS - Demand emerged at 190-230 in Jul/Aug-22After being range bound for multiple years in 125-275
Plan
- Consider to Buy above 250
- and/ or Rejections near 175
PB 3x
PE 27x
ROCE 13
DivYld 1%
Rallis is ready for Rally?#Rallis #Myview
As per Chart
Aggressive levels between- 165-185
Delight Levels between- 120-140
Stock already trading 83% discount from ATH.
Long levels as per Fib. considering bottom of 169.
Above Analysis Based on Technicals Only.
Disclaimer :- I am not SEBI registered analyst, shared for educational purposes only, do your own research before investing. I am not responsible for any kind of profit or loss.
Rallis India BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
RALLISNSE:RALLIS
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Best Most Possible Buy in Bull run.According to my analysis, I see a good buy in Rallis 313-315 in this bullish market.
Reasons:
1. Supertrend {14/3} generated a buy signal
2. Average Directional Index is above 20* and is rising.
3. 200 ema and 50ema crossing.
Time frame: 1day, Strategy Type: Swing Trade
*ADX above 20 generally suggests that stock is not in sideways.
I firmly believe that Rallis can give 5-20% in 10 to 15 days.
NOTE: This is my personal opinion only, not a tip or something. I am not SEBI registered, this is for educational purposes only, you may use my strategy but I will not be responsible in any way for the profit or losses if occurred.
15.8% move possibleRallis is moving up in the channel and as mentioned 15.8% move is plotted...but if it has momentum and volume support it can reach 460+..that would be a 42% move...let us wait and see how it pans out...this is an idea, not a recommendation.
RALLIS SWING TRADERALLIS has crossed its major resistance of 303 and formed a cup and handle pattern. Its trading with good momentum and volume possible target would be 333.
Head & Shoulder formation in progress"Disclaimer :
Trading is never ever recommended. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take. All Disclaimers Apply."
RALLIS - A less know monopoly RALLIS - Early entrant
Watch the price action structure.
It has taken support of the channel bottom.
It has excellent business model which is sustainable and scalable in the near future.
Current levels are an excellent entry point with SL as 200 ema.
short term targets - 350 & 380.
