Rupa has finally closed above 200 ema, and also retested level. As 200 ema is a major hurdle and from here Institutional buying starts.
It can give 10-20% move above 200 ema.
Also it is forming HH HL patterns. It also has a gap at higher levels. and at weekly chart if it crosses 380 it can go up to 4000-450-500 and fill the gap.
It is a perfect member for round bottom completion pattern
It can give 10-20% move above 200 ema.
Also it is forming HH HL patterns. It also has a gap at higher levels. and at weekly chart if it crosses 380 it can go up to 4000-450-500 and fill the gap.
It is a perfect member for round bottom completion pattern