SWING IDEA - RUSHIL

Higher High and Higher Low Formation.
Fundamentals looks good with recent expansion into region.
Coming weeks target 400.

RUSHIL DECOR: CO STRENGTHENS GLOBAL FOOTPRINT WITH EXPANSION INTO SOUTH AMERICAN MARKET

CO’S STRATEGIC EXPANSION IS PART OF ITS BROADER VISION TO ACHIEVE ANNUAL REVENUES OF RUPEES 2500 CRORES BY 2029

CO MCAP: 800CR RUPEES

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Positive News:

India's Rushil Decor up after announcing stock split
Co announced stock split in 1:10 ratio on Friday
Shares of India's Rushil Decor up 5% at 330 rupees

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Stock has given Max Profits of 8% so far.
MACD cross is still in play. Should start seeing some good move upward once the crossover is successful.

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14% Profits done so far.

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Positive News:
Laminates and medium density fiber board company Rushil Décor received its board's approval to set up a subsidiary, tentatively named, Rushil Fasteners, according to an Indian bourse filing on Saturday.

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Almost so close to our mentioned Target. Just a few more points to go.

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Just 7 points shorts from our Target. Let's hope it happens in the coming week.

Trade closed: target reached

Trade Completed. Target Achieved.
Total 22% Profits booked.
Time Taken = 11 weeks.

Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.

Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.

Follow for more such Ideas!
Comment any Stock that you want me to take a look into and share insights.

Kudos!!

thepranam

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thepranam

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