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Ritco Logistics is trading in a strong uptrend after breaking above its recent consolidation and holding well above the 20-day moving average. The ₹265–₹268 zone acts as a key support and offers a favorable risk-managed entry on dips. Traders may consider an entry around ₹265–₹268 with a stop-loss at ₹255. If the stock sustains above the breakout level with healthy volume, it has the potential to rally towards ₹305, offering an attractive risk-to-reward ratio of nearly 1:3. Wait for confirmation and avoid chasing the stock after a sharp gap-up.
