Reversal of trend and a breakout Formation in longer time frame. Bullish positional trade can be initiated above 864 for the target of 1033,1088 and 1170
*Observation in Weekly TF* RSI : Above 60 (In Momentum) MACD : Above Zero line and uptick BB: Upside Challenged EMA 50 : Price is roaming around EMA 50 *Observation in Daily TF* RSI : Above 60 (In Momentum). MACD : Toggled near Zero Line and crossover done. BB: Bollinger Upside challenged after getting squezzed. EMA 50 : Price > Closed above EMA 50. ...
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Sell below low of breakdown candle at 902.95 stoploss at 917.05
BUY - RELAXO FOOTWEARS LTD CMP - Rs. 912 Target - 1: Rs. 1211 Target - 2: Rs. 1436 Target - 3: Rs. 1575 . Timeframe - 2-2.5 years . Technicals - Bullish Flag Breakout . This is just a view by an expert analyst, please invest at your risk. . Follow me for more!
Relaxo Footwears is in consolidation after breaking out important zone between 850 -900. Looking good for upcoming month. CMP - 917 Target 1 - 1111 Target 2 - 1332 Good Fundamental stock.
RELAXO:- Wait for breakout, Upside movement can be seen, keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the...
Long relaxo above the marked area. All important levels has been marked on the charts. Keep the stock in your watch list. This is for your educational purpose only.
Hello friends I am sharing the weekly Chart of RELAXO Footwear for educational purpose for that as we can see that 825 zones was a good support zones earlier when a Breakout happened in it for many weeks it takes support on that area in the year 2021 and goes for an other breakout after completing the consolidation phase post breakout and now came down from 1450...
- Promotor buying in the last quarter - Close to breakout level - good volumes
Rounding bottom pattern breakout target 965-975 stoploss @ 817 cmp @869
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 looks good might take long in Relaxo ... stoploss : 798 trgt first 880 , 915 and 960 its only for education purpose
Look fresh in range 815-835 for upside 925/1025 mid term with SL 775..!!!
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...
Nice breakout in nippon life science with bullish engulfing and doji formations as a support with upward waves makeing upper high and upper highs
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!
Again at levels where previous breakout done in 2020. Will act as support good for investment