RELAXO - Expected Value Buying in coming weeks. Consolidation near Resistance and breakout of falling trendline expected. Its good stock to accumulate at this price. Good to add above 866 for short term.
Relaxo corrected about 40% from ATH and consolidating since Nov' 2021. The stock is trading at support trend line drawn from July 2017 and the stock price never broke the support line from last 5 year. The stock bounced back 10% from the 54 week low and will be testing the support line at 760-800 levels in the coming months. With the stop loss of 20% one can take...
BUY - RELAXO FOOTWEARS CMP - Rs. 850 Target - 1: Rs. 1178 Target - 2: Rs. 1293 . . Technicals - 1) Bullish Harmonic Pattern. 2) Targets set using Fibonacci Retracement and Gann Angles. . . Follow me for more!
NSE:RELAXO THIS IS AN INVESTMENT PICK This is fundamentally good company Consolidation of many days a great breakout is there and a proper pullback we can see. The targets for short term 1100 and for long term it can become multibagger. This is an for educational purpose
Recommendation: Short Term Buy: 1108 Short Term Target: 1185 Short Term Stop Loss: Below 1048 Long Term Buy Range: 1048-1108 Long Term Target: 1448-1775 Long Term Stop Loss: 985
The chart speaks for itself. S1 seems like a good buying range upon a strong bounce. If S1 breaks, S2 seems like the next best support as per Fib and Price Action as well. RSI has reached 30 in weekly chart showing some MOS. The PE ratio has been high due to fall in EPS this year. However, such setbacks are temporary in nature for a fundamentally strong...
METROBRANDS - looking good for an upmove. 550 is the level to watch. If buying happens decisively in next session , this can rally
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
NSE:RELAXO Relaxo - Breakout from Consolidation T1 1500 SL - 1100
Will Relaxo footwear continues bull rally ? After considering below aspects we can come to a conclusion. 1.Stock in Uptrend 2.Bullsih Flag Breakout 3.Resistance Breakout with good volume 4. MACD Cross over About to Happen 5.RSI Above 60 ->> Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only ******** ->> Visit my...
RELAXO Footwear is a strong fundamental and growing company which has given bullish flag breakout. Start accumulating for long term investors.
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Relaxo Footwear CMP 786 Box Breakout Target 880, 950 SL 727 dclbs
Targets on the chart. Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
Always go long for this stock Buy = 683 Target = 750 and 780
NSE:RELAXO Hi Traders, RELAXO trade setup and entry and target level on chart. ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE button. Provide some feedback below in the comment! This would give us ...