1. About Company: incorporated in 1989. Global leader in value chain of Gold.
a. Headquartered at Bangalore; processes 35% of gold produced in the world.
b. Manufactures gold and diamond jewellery and distributes them worldwide and in India as well.
c, Refining Facilities at Valcambi at Switzerland which is the world's largest refinery with a capacity to...
Next Multi bagger. Drawn are the support lines in green and red at 350. Buy and wait till 20th December 2023. Game is on.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Support has been marked on the chart in white horizontal line at 351. Resistance is high of 21st November 2023. 12-13-23 1:49 PM will decide the future trend. Have patience till tomorrow, just watch.
Those who want to trade today, buy only above high of 12-12-23 11:13 AM; else sell.
RAJESH EXPORTS:-
Incorporated in 1989, Rajesh Exports Ltd is a manufacturer of Gold and Gold Products.
Fundamental Analysis:-
Overview:-
- Company is a gold refiner, manufacturer and exporter of Gold products.
- Only company in the world with presence across the entire value chain of Gold from refining to retailing, processing 35% of gold produced in the...
Bullish divergence is observed on Rajesh Exports. A failing trendline is about to be broken, a lot of volume increase is also happening. Buy now to sell around ~620.
Buy now. Target: 626.
PS: I am a self learner. Please study by yourselves before investing.
#volume #divergence
Go Long above 454.8 for Targets of 636.3, 708.9, and 781.5 with SL 418.5
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the all-time swing low (point A) to the all-time swing high (point B) then we see stock took support from the 0.618 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Hammer (marked...
stock is near its long term support level
already buying is seen in last two trading session when stock is at support
also stock gaining volumes at this support level
stock Price to earning is 8.9 where industry PE at 26.3
book value of stock is 499 current running price of stock is 444
good opportunity for investors also to buy and hold
RAJESHEXPO price is trading at below 200 SMA and available at a demand zone as per SMC strategy.
Stock has not given any significant returns after increasing its profits and revenues by 1.5x
Heavy volume transactions are observed in 500-600 price range which is a good sign for accumulation.
Short term target is next resistance line 615.
Range bound trading...
In the Weekly Chart of RAJESHEXPO ,
we can see that, it is near lowest level.
will there be a W pattern breakout and stock will move up
OR
selling will still continue.
Possible momentums are shown in chart.
The stock has been very loyal to trend lines and is an excellent pick for postional and swing trade furthermore it has taken a strong support at 500 and now only thing i can see is green candles
Dear Followers,
I hope this message finds you well. I wanted to share my swing trade view on NSE:RAJESHEXPO with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy.
Stock: NSE:RAJESHEXPO
Holding Time Frame: 60-90 Days
Entry Point: 520-530
Stop Loss Point : 500
Target Point:...
BUY - RAJESH EXPORTS
CMP - Rs. 523
Target - 1: Rs. 769
Target - 2: Rs. 1015
.
Timeframe - 4 months - 8 months
.
Technicals - Bullish Snorm Harmonic Pattern
.
This is just a view by an expert analyst, please invest at your own risk.
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