RGL resistance breakout stock has broken thier resistance good to hold for long only for educational purpose not for sugesstions Longby chauhanucbUpdated 1
Turning Bullish: RENAISSANCE GLOBALRENAISSANCEGLOBAL has turned bullish. Good volume buildup is seen in monthly chart. Resistance levels: 132, 145, 163 Support levels; 120, 110, 94 Longby shanmurali1
RGL Cup and Handle Formation Signals Potential 16% UpsideIn the daily time frame chart of Renaissance Global Ltd (RGL), I have identified a compelling Cup and Handle pattern, which is a bullish continuation formation that suggests potential for upward movement in the stock price. Currently, the stock appears to be in the process of forming the handle, a critical phase where consolidation occurs after the initial cup formation. The handle formation is being supported by the Fibonacci retracement level of 61.8%, which is often viewed as a significant support area following a price correction from a recent HH. This retracement suggests a healthy pullback, providing a solid base for buyers to re-enter and push the stock higher. Over the past few weeks Volume growth during the formation of the handle is a bullish sign, indicating increased interest and participation from traders and investors. MACD on weekly time frame has crossed above the zero line, with the histogram currently reading above 3. This bullish crossover indicates a strengthening momentum, suggesting that the stock may continue its upwards trajectory. Additionally, the RSI for the weekly chart is positioned around 66, inching toward the overbought territory, signaling robust buying pressure, but caution is warranted as the stock approaches these levels. Currently, the stock appears to be in an accumulation zone, with the price fluctuating between 120 and 125. This range may serve as an opportunity for investors to build positions as the underlying fundamentals, supported by technical indicators, with a solid support level is established at 104. The next resistance target is identified at 146 which could result in approximately a 16% return from the current accumulation zone. Disclaimer: The information provided in this stock analysis is for informational and educational purposes only and should not be construed as financial advice. Always seek the advice of a qualified financial advisor or conduct your own research before making any investment decisions.Longby NiftyNotionsUpdated 6
RGL🔶𝗜 𝘀𝗰𝗮𝗻𝗻𝗲𝗱 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗵𝘂𝗻𝗱𝗿𝗲𝗱𝘀 𝗼𝗳 𝘀𝘁𝗼𝗰𝗸𝘀 𝘀𝗼 𝘁𝗵𝗮𝘁 𝘆𝗼𝘂 𝗱𝗼𝗻'𝘁 𝗵𝗮𝘃𝗲 𝘁𝗼🔸 Here are My Top 8 Breakout Picks! 7. RGL -14% improvement in operating margins -book value Rs 120 -breakout soon candidate cons -higher inventory than peers which is now lower in valuations after the duty cut in the budgetLongby TradingBanker5
RGL gave strong buy signal on daily & weekly timeframe RGL gave strong buy signal on daily and weekly timeframe. Any corrections will be opportunity to add to portfolio.Longby devendrasb111
Long-Term Investment Strategy - Ride the Bullish Trend!📈 Strategic Long-Term Investment Approach for Maximizing Gains Looking for a disciplined and effective method to grow your investments over the long term? This strategy offers a structured way to capitalize on bullish trends while managing risk: 1️⃣ Entry Point: Invest when the price crosses above the supertrend level, indicating a confirmed bullish trend. 2️⃣ Target 1 - Secure Early Gains: Sell 40% of your holdings when the stock appreciates by 40%. This allows you to lock in profits and de-risk your position early. 3️⃣ Target 2 - Maximize Returns: Sell an additional 30% of your total holdings after the stock rises another 40% from the first target. At this point, your initial capital is fully recovered, and you’re already in profit territory. 4️⃣ Final Step - Free Equity: Retain the remaining 30% of your shares, now completely free of cost. These shares can be held indefinitely, providing you with exposure to potential long-term growth without any capital risk. This approach allows you to systematically take profits while maintaining a stake in the company's future growth, all with the security of knowing your investment is back, plus a profit. Disclaimer: We are not SEBI-registered advisors. The information provided is for educational purposes only and should not be considered financial or investment advice. Stock market investments involve risk. Please consult a SEBI-registered advisor before making any investment decisions. We are not liable for any losses resulting from the use of this information.Longby Trade_Talk_tv1
Great volumes!Volumes show good accumulation. Entry at CMP SL at 91 Target at 210 Sharing this for educational purpose!Longby BM5793
RGL : Breakout Stock (1-3 Months)#RGL #breakout #patterntrading #roundingbottom #trendingstock RGL : Breakout Stock (Weekly chart) - (1-3 months Trade) >> Rounding Bottom Formation >> Trending / Momentum Stock >> Big Volume Breakout >> Low Risk High Reward Trade Swing Traders can lock Profit at 10% & Keep Trailing. If u Like the Analysis, Consider giving it a like or Boost or leave a comment. Disc : This are my person Views, Do your Own Analysis and research or Consult your Financial Advisor or Consult a SEBI Registered Advisor before taking position in it.Longby moneyfesttrading5
RGL: Trading near breakout rangeRGL is looking good on weekly time frame. Stock is trading near breakout range. Keep on radar.by khulvenaveen111
RGL: Trading near breakout level on weekly time frameRGL is looking good on weekly time frame. Stock is attempting breakout from 2-3 weeks . Keep on radar. Festival season can lead to bring momentum soon. by khulvenaveen4
RGL: Looking good on weekly time frameRGL is looking good on weekly time frame. Stock is attempting breakout from couple of week. Keep on radar. Inspite of weak market conditions, stock is showing strength and getting recover from correction.by khulvenaveen2
RGL : Trading near breakout level on WTFRGL is looking good on weekly time frame. Stock is attempting breakout. Keep on radar.by khulvenaveen1
RGL price action analysis Stock has given BO on daily and weekly chart with good volume build up, and also heading for forming Cup and handle pattern, follow chart for proper support and resistance levels.Longby subbu_19154
3 Amazing swing trading ideas for 19 October I daily make educational content videos for swing / positional trading Long05:27by Averoy_Apoorv_Analysis6628
RGL - Breakout after 150+ daysDetailed View about this Breakout: No.of Resistance: 2 No.of Support: 3 Consolidation days : 150+ days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis. Longby piswingtraders7
Watchlist-RGL--Bullish flag pattern --taken goog support and stock is is in uptrend --buy when candle break the flag pattern and closed above the trend line upside --Target 145+ within 4-5months (on your own risk reward ration) Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance -- Do your own analysis and consult your financial adviser if need be Longby shreks14Updated 6
Multi fold return set up1. Breakout with 8 months consolidation 2.Trend is bullish in all time frame 3. Multiple confirmation on charts and probable bigger returns set up can be seen Longby The_SharkTrader14
How to search for stocks at 200EMA?One of Trading Views' strongest feature is its screener. Probably the best some of us have gotten used to so far. This is a small tutorial /writeup to help you search for stocks probably sitting at support. Remember, for certain stocks their area of value is 20EMA, while for some it’s 50EMA and for others it could also be 100EMA, so on and so forth. Basically, once you understand how this works, you can choose to tweak the values presented here to your liking. Having said this, let's figure out how to search for stocks that are on or have fallen to 200EMA. You can always choose a different value according to your search needs. For this tutorial we will stick to finding stocks at 200EMA. But before we move forward, let's get a basic understanding of what we are trying achieve. In a day/week/month/quarter a stock will always make a high and a low and the price will always fluctuate between this range or it will make a new day’s high or a new day’s low. The example below is a visual representation of a very basic candle or price movement within a range. I am sure you all know this but I am trying to make this as simple as possible for everyone to follow. So, all you need to take away from this is, there is a high, there is a low, and there is a body that represents opening price and closing price. Some candles will not have a body but I do not want to dive into the details of candlesticks. Google is your best friend to know more on candlesticks! What we are trying to do here is to restrict the search query from giving us stocks/scripts that are above 100EMA. Yes, you got it right. We are going to restrict the highs from going above the 100EMA and restrict the lows from going below the 200EMA. Without wasting more time, here is how you do it. Head over to Screeners and select ‘Stock Screener’ You should be on Trading Views default ‘Stock Screener’ page with a default set of filters. This screen displays stocks based on the filter you have selected. The Trading View screener always defaults back to the last used filter. Now, let’s tweak TVs search filter. Click on ‘Filters’. This will open up the Screener settings menu. In the search bar, type ‘High’. ‘High’ represents the highest value the stock reached in a single day. You should see 2 drop down options. For the first, choose ‘Below’ and for the second, choose ‘Exponential Moving Average (100)’ Go back to the search box and type ‘Low’. ‘Low' represents the lowest value the stock reached in a single day. You should again see 2 drop down options. For the first, choose, ‘Above’ and for the second, choose ‘Exponential Moving Average (200)’ Now, this part is important to get consistent search results. What happens with only the above search query is that you get a very convoluted or mixed search result where the EMAs get intertwined. Adding this section helps prevent the EMAs and overall search result from being all over the place. Head back to the search box and type ‘Exponential’. What you need to edit is 100EMA. From the first drop-down choose ‘Above’ and for the second choose ‘Low’ or you could also choose ‘Exponential Moving Average 200’. This setting remains mostly constant even if you edit the above search parameters. Close your ‘Filters’ settings menu and click the drop-down menu beside 'Filters' to ‘Save’ your newly created filter. Select ‘Save Screens As…’, give your new search filter a name and you should be done. Viola! Your new search filter is ready to be used. However, if your search result is huge (it should be), you can tweak it a little further to reduce the total number stocks returned by the filter. Here is what you need to do. Head back to the filter menu and type 'Last'. ‘Last’ represents the closing price of the stock. From the first drop down option choose 'Between' and enter your desired range in the 2 boxes. Here you are defining the price range of stocks that are within the value of 100 and 800. So, TV will only display stocks that fall in between this range. In addition to all this, you can limit your search to only one Exchange. Which is either the 'BSE' or the 'NSE' exchange instead of both. To do this, type 'Exchange' in the filter search menu and choose either one. Psst: Don't forget to save your filter each time you edit else TV will not save your edits! Hope you found this helpful and I sincerely hope you find a ton of good stocks to invest in! Happy Trading! Editors' picksEducationby sandeepbalachandran3333329
RGL Ascending Triangle FormationDetailed analysis given on the chart RGL Ascending Triangle Formation NSE:RGLLongby Traderanit2
RGL long above 812Price start taking support on 780 level and last resistance will be 812. If price sustain above it then stock good to buy for atleast 15-20 % hike. changes are high to see good upside movement Longby anuragtrivedi03020
On the verge of breakout ✌✌This scrip seems to be continue its uptrend so traders keep on your radar as it is expected to give breakout. Longby DY97721
RENAISSANCE GLOBALRENAISSANCE GLOBAL BREACHED ATH, CAN BE IN RETEST DONE.. FOR 550+ & 662+Longby nagarajanm19860