🔹 Technicals: ▸ Giving a pullback after a big up move ▸ Price is very close to late May levels ▸ 300% up move from March bottom to the recent top ▸ Price is just below the 20, 50 EMA ▸ There are 2 zones of interest for buying - below the the 20, 50 EMAs, and second near the demand zone at 520-566 ▸ Good chances of moving towards 1000 Disclaimer: I am NOT a...
Buy Zone - above 560 Up side - Upto 760 Weakness - Below 520 Pattern: VCP EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200. Price Up by 80% before consolidation 6 Week Long consolidation
Chart -> REFEX Daily The stock has given an all-time high breakout today with great volume. CMP: 353 Good Range: 330 to 350 Target: 400, 440 SL: 317 Daily Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Good fundamentals. Making new high. Good technical chart. *FOR EDUCATIONAL PURPOSE ONLY*
Stock Name - Refex Industries Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 177 #This is not Buy and Sell recommendation to any one. This is for...
The analysis is done on monthly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
Looking at the charts, REFEX seems to be breaking out past 9 months trendline. If sustained - we should be seeing 160 levels very soon. 2022-07-26 - Price -116.35 - Today price crossed WK Piv Downside. Out of Squeeze & candlestick formation: Marubozu. close is above 20 -SMA on Daily time frame & below on W/M time frames. 2022-07-28 - Price crossed Cross WK...
Retested breakout level. Stock has retested its breakout zone with low volume. Now it is ready to go up again. Expectation: 180, 200
#ShortTerm #Investment BUY REFEX CMP 147 SL 120 Target 215
🍂buy @ 140 -145 range trgt 170-200-300+ not a buy recommendation,study guys🙏 Why was it selected❓ 🔹Company has reduced debt. 🔹Technically looks good. 🔹retested breakout level and expecting more upside. 🔹interesting business 🔹Company has delivered good profit growth of 50.40% CAGR over last 5 years. 🔹Company has a good return on equity (ROE) track record: 3...
NSE:REFEX is long term bullish and its proving the same. It might correct/consolidate to fill the gap up that was created earlier.
Refex weekly cup and handle pattern. Very good fundamental stock for long term. (12-18 months view)
The Hydrogen Policy will benefit Refex Industries going forward. Travelling in channels having witnessed accumulation and a good breakout. Price is above the Ichimoku Cloud as well.