14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ROSSELLIND.NS
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Strong day for Rossell India Limited stock price on Friday rising 5.11% to ₹492.60
(Updated on Jun 14, 2024)

Buy candidate since Jun 13, 2024 Gain 5.11% PDF

The Rossell India Limited stock price gained 5.11% on the last trading day (Friday, 14th Jun 2024), rising from ₹468.65 to ₹492.60. During the last trading day the stock fluctuated 7.44% from a day low at ₹470.95 to a day high of ₹506.00. The price has risen in 6 of the last 10 days and is up by 10.71% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 360 thousand more shares were traded than the day before. In total, 440 thousand shares were bought and sold for approximately ₹216.68 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 26.55% during the next 3 months and, with a 90% probability hold a price between ₹509.51 and ₹664.71 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

ROSSELLIND.NS Signals & Forecast

The Rossell India Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₹460.28 and ₹459.91. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 26.83%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Rossell India Limited stock

Rossell India Limited finds support from accumulated volume at ₹475.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹35.05 between high and low, or 7.44%. For the last week, the stock has had daily average volatility of 4.77%.

Our recommended stop-loss: ₹473.19 (-3.94%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 15 days ago.)

Trading Expectations (ROSSELLIND.NS) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect Rossell India Limited to open at ₹489.85, and during the day (based on 14 day Average True Range), to move between ₹465.53 and ₹519.67, which gives a possible trading interval of +/-₹27.07 (+/-5.50%) up or down from last closing price. If Rossell India Limited takes out the full calculated possible swing range there will be an estimated 10.99% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₹498.60 (1.22%) than the support at ₹475.50 (3.47%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Rossell India Limited stock A Buy?

Rossell India Limited holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.204 Strong Buy Candidate Upgraded

Predicted Opening Price for Rossell India Limited of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
₹489.85 ( 0.558%) ₹492.60

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ROSSELLIND.NS

Fibonacci Support & Resistance Levels

Level Price
R3 524.90 6.56%
R2 511.51 3.84%
R1 503.24 2.16%
Price 492.60
S1 476.46 -3.28%
S2 468.19 -4.96%
S3 454.80 -7.67%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 498.60 1.22%
Price 492.60
S1 475.50 -3.47%
S2 471.15 -4.35%
S3 468.35 -4.92%

ROSSELLIND Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 12, 2024 Aug 12, 2024 Sep 19, 2024 ₹0.300 0.0609%
2 Jul 20, 2023 Jul 20, 2023 Jul 20, 2023 ₹0.400 0.0959%
3 Jul 28, 2022 Jul 28, 2022 Jul 28, 2022 ₹0.300 0.150%
4 Aug 31, 2021 Aug 31, 2021 Aug 31, 2021 ₹0.300 0.184%
5 Sep 15, 2020 Sep 15, 2020 Sep 15, 2020 ₹0.200 0.135%

FAQ

What is the symbol for Rossell India Limited Stock and on which exchange is it traded?
The symbol for Rossell India Limited is ROSSELLIND.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell Rossell India Limited Stock?
Rossell India Limited holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Rossell India Limited Stock?
Rossell India Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Rossell India Limited Stock.

What's the current price of Rossell India Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Rossell India Limited (ROSSELLIND.NS) share was ₹492.60.

What is the 52-week high and low for Rossell India Limited Stock?
The 52-week high for Rossell India Limited Stock is ₹549.00 and the 52-week low is ₹315.35.

What is the market capitalization of Rossell India Limited Stock?
As of the Jun 14, 2024, the market capitalization of Rossell India Limited is 18.569B.

When is the next earnings date for Rossell India Limited?
The upcoming earnings date for Rossell India Limited is Aug 01, 2024.
Click to get the best stock tips daily for free!

About Rossell India Limited

Rossell India Limited Rossell India Limited engages in cultivation, manufacture, and sale of black tea primarily in India. It operates through Cultivation, Manufacture, and Sale of Tea; and Aviation Products and Services. The company also designs and develops avionics equipment; and offers black pepper. In addition, it provides wire harness and interconnect systems; electronic systems and systems integration; test solutions; and after-market product support services. ... ROSSELLIND.NS Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT