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[Premium] Trade Of The Week

December 28, 2022

This week we're looking into the Capital Goods sector.

Ramkrishna Forgings Ltd had a confirmed breakout above October 2021 high while strongly holding the base amid market volatility. It has a bullish momentum while outperforming the Nifty 500 index.

We're bullish above 245 as the risk management level, with a target close to 420.

Click on the chart to zoom in.

  Thanks for reading and please let us know if you have any questions.

And if you're a Premium Member, check out our other weekly post, "Three Charts For The Week Ahead."

Allstarcharts Team