RUPL BUY SIGNAL | 1-DAY TF | 10 AUGUST 2025 RUPL BUY SIGNAL | 1-DAY TF | 10 AUGUST 2025
The stock was previously in an accumulation phase marked with a light blue channel. It then broke out and retested this channel. So far, it has completed two legs up in the current uptrend, and we expect it to complete another leg before any major correction.
Rupali Polyester Limited
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What traders are saying
RUPL LONG TRADE 18-06-2025 (Synthetic & Ryon Sector)RUPL LONG TRADE
After hitting a low of 16.70, RUPL consolidated within a trading range (16.00 - 24.55) marked by a yellow channel. A breakdown followed, forming a bearish channel (light blue), which is essentially a bull flag. Recently, the stock broke out of this channel with a spike, signaling an upward move. After a pullback, RUPL formed bullish measuring gaps and a bullish IFDZ, indicating a safe entry point.
🚨 TECHNICAL BUY CALL – RUPL🚨
1. BUY1: 20.34 (Current Price)
2. BUY2: 18.9
3. BUY3: 17.8
TP1: 22.3
TP2: 24.5
TP3: 27.7
Stop Loss: Below 16.3 on closing basis
Risk-Reward Ratio: 2.83
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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