amar_gr

Refex setting up to resume Upmove.

Long
NSE:REFEX   REFEX INDUSTRIES L
Refex has completed three contractions, all within the 25% range.
It seems to have started to move up from its tight range.

The volumes need to be encouraging and higher to be able to decisively cross above 142. 40 .
Entry levels, risk, and targets shown for my journaling purpose.
Trade active: Todays move tested the breakout level and reacted nicely from 142.
Continuing to hold and today added @ 142.55.
Will be interesting to see what happens at @ 161.90 level.
Will it blast through or get resisted ?
Today's price action shows higher probability of crossing the hurdle @ 162.

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