MCAP=₹ 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.
Refex 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 and hold the stock after confirming the breakout. My stop loss...
This share has given a Triangle Pattern Breakout in 1HR Timeframe after a long consolidation
CMP: 585
Target: 650,700,750+
SL: 510
Chart for Educational Purpose.
Refex Industries Limited(RIL) is a specialist manufacturer and re-filler of Refrigerant gases in India, particularly, environmentally acceptable gases that are replacements for Chloro-fluoro-carbons (CFC’s). These are used primarily as refrigerants, foam blowing agents and aerosol propellants.
🔹 Technicals:
▸ Giving a pullback after a big up move
▸ Price is very close to late May levels
▸ 300% up move from March bottom to the recent top
▸ Price is just below the 20, 50 EMA
▸ There are 2 zones of interest for buying - below the the 20, 50 EMAs, and second near the demand zone at 520-566
▸ Good chances of moving towards 1000
Disclaimer: I am NOT a...
Refex Industries opened up with a gap few sessions back. It has created a wedge then, a gap and then a wedge and now a breakout, Can't be strong technically anymore.
The price has a potential to move to the upside of 25% straight.
PS - I am founder of Tactic, we get you the Trade Ideas of top SEBI registered users across Intraday, BTST & Positional. We are...
monthly close above 335 will take the stock to 400+ in may month. Heavy volumes in a day this month confirming the breakout to be possible. lets wait and watch. high risk takers can buy without looking for closing.
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation
Buy Zone - above 560
Up side - Upto 760
Weakness - Below 520
Pattern: VCP
EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200.
Price Up by 80% before consolidation
6 Week Long consolidation
Refex Industries, currently priced at 400, presents a compelling investment opportunity with a target price of 1000. This strategic move is based on the strong business foundation and future growth prospects of Refex Industries.
Refex Industries operates in the promising domain of renewable energy solutions, specializing in the production and distribution of...
Chart -> REFEX Daily
The stock has given an all-time high breakout today with great volume.
CMP: 353
Good Range: 330 to 350
Target: 400, 440
SL: 317 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
