Have been mentioning about Rallis India in my interactions as a favorite for a medium to long term investment in the agri segment. A big triangle and channel breakout got confirmed above 150-155 which gives us a possibility of a good move in coming months.
Todays move its again testing the resistance at 173-175 which we expect to breakout in coming days and head up to 185-190.
Over all the medium term target remains beyond 250. Re-iterate a buy on dips.
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