REFEX INDUSTRIESRefex industries is making a harmonic pattern, its setting up well fr 5% upmove and sustaining tht can make it touch 580. A potential trade fr going long.
12.90 INR
1.58 B INR
24.68 B INR
58.86 M
About REFEX INDUSTRIES LTD
Sector
Industry
CEO
Tarachand Anil Jain
Website
Headquarters
Chennai
Founded
2002
ISIN
INE056I01025
FIGI
BBG000QZHVG9
Refex Industries Ltd. engages in the distribution of refrigerant gases. It offers environmentally acceptable gases that are replacements for Chloro-fluoro-carbons (CFC's) which are used primarily as refrigerants, foam blowing agents and aerosol propellants. Its products are also used in commercial and domestic refrigeration, industrial & transport refrigeration, food processing, commercial and domestic air conditioning, automotive air conditioning, and medical propellants. The company was founded on September 13, 2002 and is headquartered in Chennai, India.
Medium term opportunity in Refex Industries for V.good upsideHi,
NSE:REFEX has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum wil
REFEX INDUSTRIES... BREAKOUTRefex industries- A top-performing small-cap stock in the commodity chemical sector.
PE ratio: 13.9; ROE & ROCE > 40.
A pennant pattern breakout can be seen in the day chart. The stock price has also taken support at the 200ema.
A follow-up green candle will confirm the uptrend.
One can buy
Hidden Bullish Divergence ChapterRefex is a good case study for Hidden Bullish Divergence. Big Base, Higher Lows formation, Increasing average volume what is there not to like? Shaky Market Conditions.
REFEX Trade Set up1. Trend bullish
2. Price trading at support
3. SL wait for 2 weeks closing below the 507 levels
4. RR lucrative from 1:8 to 1:22+
REFEX CLEARLY REFLECTING ITS POTENTIAL!$REFEX.NSE Analysis:
1/ Previous Performance: Suggested at 105 (split adjusted), hit 170+ (880+ pre-split), achieving almost all targets with a 65% profit.
2/ Current Status: CMP 135, support at 120.
3/ Downside Risk: Below 120, targets:
- 110
- 100
- 90
4/ Upside Potential:
- 150
REFEX_Long_Support&ResistanceMCAP=₹ 1,500 Cr., CMP < IV (₹ 380), RoCE/RoE > 45%, PEG<1, PE<IND PE,
SENSATIONAL PROFIT/RoE/SALES GROWTH consistently for the last 5 years, go thru the numbers.
Pledge=6.31%
MUST TO BUY ON DIPS at PROPER SUPPORT LEVELS.
Breakout soon stockCup and Handle Breakout Setup
RSI near 60 and rising
Trading above EMA50
In consolidation about 8 months
Disc: for study, not a recommendation
REFEX at base breakoutlooks good on chart.
formed a longer base.
ready to break-out from base.
bounce backed from 200DMA.
trading above all short term EMA.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of REFEX is 424.55 INR — it has increased by 2.72% in the past 24 hours. Watch REFEX INDUSTRIES LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange REFEX INDUSTRIES LTD stocks are traded under the ticker REFEX.
REFEX stock has risen by 12.61% compared to the previous week, the month change is a −1.27% fall, over the last year REFEX INDUSTRIES LTD has showed a 172.41% increase.
REFEX reached its all-time high on Sep 30, 2024 with the price of 600.00 INR, and its all-time low was 0.45 INR and was reached on Mar 4, 2013. View more price dynamics on REFEX chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
REFEX stock is 3.95% volatile and has beta coefficient of 1.48. Track REFEX INDUSTRIES LTD stock price on the chart and check out the list of the most volatile stocks — is REFEX INDUSTRIES LTD there?
Today REFEX INDUSTRIES LTD has the market capitalization of 54.93 B, it has increased by 4.00% over the last week.
Yes, you can track REFEX INDUSTRIES LTD financials in yearly and quarterly reports right on TradingView.
REFEX net income for the last quarter is 479.22 M INR, while the quarter before that showed 500.53 M INR of net income which accounts for −4.26% change. Track more REFEX INDUSTRIES LTD financial stats to get the full picture.
REFEX INDUSTRIES LTD dividend yield was 0.00% in 2024, and payout ratio reached 0.00%. The year before the numbers were 0.07% and 1.18% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. REFEX INDUSTRIES LTD EBITDA is 2.10 B INR, and current EBITDA margin is 8.50%. See more stats in REFEX INDUSTRIES LTD financial statements.
Like other stocks, REFEX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade REFEX INDUSTRIES LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So REFEX INDUSTRIES LTD technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating REFEX INDUSTRIES LTD stock shows the buy signal. See more of REFEX INDUSTRIES LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.