Take entry at CMP 319
Target 588 & 639Rs
Strong SL 286Rs or do average at 225Rs level
This counter is following 2 years term on monthly chart. We can see at 2018 it was on top. .after 2 years at 2020 it was at bottom...again after to years at 2022 it was again at top....once again at 2024 it was at bottom and today's 11% move confirmed it upside pattern for next 2 years so at 2026 it should be at 600Rs level ......
from 2013 to 2024 company always in profit with almost 70% promotors holding so we can trade this counter
Everybody know about its RUPA frontline brand
This year company is focusing on more 50+ new stores .
Good stock be invested with strong SL of 286Rs or do average at 225Rs