The Stock has entered in accumulation zone.

Rajesh Exports, a leader in jewellery export has corrected from 1030 to 450 in a short span supported with some bad news and underperforming quarters.
Now the accumulation may happen in this range od 50 point in between 420 to 470.
A blasting upward movement can be seen post accumulating. Targets are big.
Stay invested.

Kindly note I am not a SEBI registered analyst. Perform your own analysis before taking any trade.

Comment:

Please be aware of current news and respect SL i.e. 422-415 on weekly closing basis.

Trade closed: stop reached:

Stoploss reached. Already made aware of current scenario in management. Will see for another opportunity in the stock.For now, the trade is closed.

Comment:

New base is formed. Now seen good buying.