Rubfila (Swing): A 50-75% up move is on the cards for swing. Keep adding in chunks while script ranges at 75-80. Appropriate support, demand zone, resistance and targets are highlighted. Note: Do your own due diligence before taking any action. I would be posting updates for this chart in the comments sections as time progresses.
Rubfila produces adhesives suitable for various industry segments like leather and footwear, tyre Re- treading ,wood, rexin and foam, automotive, to name a few. The company which started with manufacturing extruded Round Latex Rubber Thread later ventured into the manufacture of industrial adhesives used in various applications like footwear/ leather goods,...
Rubifla making Cup & Handle Formation. Thing to watch is Volume Breakout.
The stoploss and targets are marked. view negated below 78
Rubfila is is trading with Higher highs & Higher lows confirming the bullish trend. After a breakout on Weekly time frame, the stock still seems bullish & will continue upward above 108. Strict stop mentioned on chart !!
RUBFILA- Long strong fundamental story as well