In this monthly chart of Rajesh Exports bigger wave (1) is completed and wave (2) also retraced around 70% as an Irregular correction and currently it may forming bottom and can bounce again as wave (3) in upcoming months and years...So its a stock for those who likes Buying from bottom and stay invested for Long Term...
Good support level on 520. Buying with target 860. Buying Level - 520-530 Stopless - 435 1st Target -660 2nd Target - 740 3rd Target -860 Target achieve Time approximate 7 month
Rajesh Exports is attempting a breakout after years of consolidation. Keep a stop loss at Rs. 815 and go long in this share. Fundamentally there has been a big news, let me explain: Rajesh Exports Ltd (REL) has announced that it is foraying into Advanced Technology Solutions with a focus on Energy Storage Solutions. REL has informed that has been selected by the...
Double Bottom W Pattern Chart Breakout. Price above 200 MA The analysis is for learning purposes.
Kindly refer the chart for trades Rajesh exports is into manufacture of gold and gold products. Goes by the name SHUBH jewellers. Has taken a good support from the levels of 518.05 and is moving in the right direction so long term traders can make use of levels as targets from CMP and use level below support area as stop loss. Thanks & Regards Feedback is...
RAJESHEXPO Long years consolidation break out expected retest big rally expect 3 level target
RAJESH EXPORT HAS BEEN TRAVELLING AS PER THE ARC PATTERN FOR A VERY LONG TIME, SO THE ARC WILL BE ENDING AT THE OTHER END AT 700. CURRENTLY ITS CONSOLIDATING SO CAN EXPECT A GOOD UP MOVE IN A SHORT TERM. CAN EXPECT A GOOD RETURN IN 3-4 WEEKS.
SWING TRADE: RAJESH EXPO, gave big breakout, can move to buy side, SL below 585. SL is big so we can wait for it to come near 600 level to buy.
NSE:RAJESHEXPO is in correction phase, but if it manages to breakout of the channel drawn in the chart with good volumes and retest the upper channel, this view might change. But until it doesn't do that, the stock will have a chance to revisit the 52W Low again.
Export business has been got into halt not destroyed so can expect a good move from its support if traders gets activated Do have a stop-loss Trade and peace out