A Company of CNX100/CNX 500/MIDCAP
ISIN CODE INE475H01011

Face value – 10.00
Market lot – 1
Market Cap (Rs Cr) – 63022.50
Day Average Volume – 1380513
52 Week High/Low  – 187.80 / 68.10

Current Price: 141
Current Trend: POSITIVE BIAS

Support: 120, 100
Resistance: 170, 210

Stop Loss: 115
Target: 185, 200

Technical Report:

Technically RPL looks to be bullish as good recovery is expected till the level of 185 and above.

All important indicators are making RPL a bullish stock. Trend reversal had occurred from the level of 110 .Good recovery is expected till the level of 185.

If RPL manage to trade and sustain above the level of 141 more recovery is expected till the level of 185.

MACD are giving buy signal to this stock. Here 20DMA are crossing the 200DMA from down, which is supporting the MACD signal of buying. Even the trade is heading towards bullish trend.

MFI is at over bought level, which is showing positive trend, more buyers is expected to come at this level.

Our recommendation is to go long (buy) in RPL. Buy RPL above the level of 141 with stop loss of 115 with target of 185.

Our recommendation is for 15 to 20 days only.