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Responsiveindustries

RESPONIND Trading Above Fresh Weekly Demand ZoneRESPONIND is currently trading at ₹250.95, slightly above its demand zone between ₹249 and ₹240, identified on 4th September 2023. This fresh zone has not been tested, indicating potential buying interest if the stock price revisits this range. Investors may watch for a pullback to these levels, which could provide a buying opportunity around this support zone. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
NSE:RESPONINDLong
by rush12799
Weekly Flag & Pole Breakout in Responsive Industries A Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:RESPONIND Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful apprication in the NSE:RESPONIND MACD on verge of giving Positive crossover on Daily chart and already positive crossover given on Weekly charts andmonthly chart. So, expecting the momentum to continue. One can look to create a fresh position in the scrip near Rs. 315-330 levels with the stoploss of Rs. 260.55 on weekly closing basis. The 1st target will be 370 , 2nd target will be 414.10, 3rd target will be 462.20, 4th target will be 506.65 and fifth target will be 550.55. And finally this study is for educational purpose only.
NSE:RESPONIND
by raigvivek