Rallis

 Hi,

Rallis is part of India`s Tata Group, the country`s
largest business conglomerate.

Rallis is the largest agro-business company and the
second largest seed producer in India.

This stock can prove to be a Stock Pick for Tomorrow
in Agrochemicals business. This is a good fundamental
agri stock. This can be a potential multibagger from
here on. This quater results are good and also
declared a divident of 40%.

In the month of Feb, they have done collaboration
with Nuziveedu Seeds for marketing its Bt cotton
hybrids. Rallis will market the hybrids in a special
packaging. The arrangement is likely to yield
additional revenue of Rs 20 crore.

Coming to the technicals :-

Its trading at CMP of 335. Its 52 week high - 450;
52 week low - 235. Recently this stock is under
consolidation, it may break out anytime. It has a
support at 300 levels. Its resistsance is at 340; once
it breaks that, then its going higher. In the long run
i expect it 500+. One can buy at 300 levels for
investment. Keep an eye on it. It may start moving
soon to my target ;) This is my 8th stock pick of
tomorrow, watch out for some action soon. All my
previous 7 stocks are doing pretty well.