REFEX trade ideas

rohan_investor

BREAKOUT POSSIBLE

CuriousChartist

The Hydrogen Policy will benefit Refex Industries going forward. Travelling in channels having witnessed accumulation and a good breakout. Price is above the Ichimoku Cloud as well.

Aishwarya_Jain Updated 

Buy at CMP and till 50, SL 40. Company is having Low Debt, High ROCE, Low PE, and fulfills the ESG Theme. Note: I am not a SEBI Registered Advisor.

sabyasachi_nath

Long position can be initiated at the CMP as long as it holds on the support which can be confirmed in a couple of days.

TradeWithChannels Updated 

Can be a good pick if the right entry conditions are present.

PositionalPicks

Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.

sabyasachi_nath

Refex has a good support at 44 but I hope 51 is not breached in intermediate term, looking at the big picture.

sabyasachi_nath

Ma find suppor a 63.30 in downmove

sabyasachi_nath

The stock is on support at 99.40 and may make a U turn from here

UnknownUnicorn646072 Updated 

watch

sabyasachi_nath

Refex has been able to close above resistance and if it manages to hold the support formed thus, may catapult it to its next resistance line likely to be met above 150

sabyasachi_nath

Good support at 76, in case of sustained bullishness, target in intermediate term wwill be 142

sabyasachi_nath

Refex may reach 72.50 before it meets the next resistance. Support will come at 55

sabyasachi_nath

Holding on support. Tomorrows support is at 50.50. If it is held and turns bullish, target 67.50 in intermediate term

sabyasachi_nath

With the current bullish momentum the stock may get doubled in price before it meets the resistance.

PositionalPicks

Multibagger?? who knows? Disclaimer: Kindly consult your financial advisor and family members before investing.