RHI Magnesita India Ltd

RHI Magnestia India ltd earlier known as Orient Refractories Limited (ORL) is a market leader for special refractories in India and has many global customers for its international quality products.

Fundamentals:-
Debt is less than reserves.
Dividend giving stock.
Good ROCE & ROE.
Promoters holding is Good & No promoters pledged.

Technical:-
Demand Zone is marked as Green shaded horizontal area.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Support is marked as green horizontal line.
Price is above 200 Weekly EMA , May dip to this level & take support (White Line).


Positional Trade:-
Buy 530 - 470 - 410 - 350 (Avg Price 440)
Stoploss 300
Tgt 675 - 780 - 870


This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.