RELAXO trade ideas

Aayush_Rungta

The chart speaks for itself. S1 seems like a good buying range upon a strong bounce. If S1 breaks, S2 seems like the next best support as per Fib and Price Action as well. RSI has reached 30 in weekly chart showing some MOS. The PE ratio has been high due to fall in EPS this year. However, such setbacks are temporary in nature for a fundamentally strong...

TheChauhansView

My wave analysis suggest a nice buy coming on BO of the TL Happy Trading.

Charts_Manish

Relaxo Footwear has been constantly falling for some time with today's Low of around 1005, The counter is seeking support at around 1010 - 1011 Levels. The Q4 results have not been so good for the counter. Both Sales and and Net profit have fallen both on QoQ AND YOY Basis. The stock may fall further to take support at 0.5% Fib. Levels i.e around 974 to 975...

Rupeshchauhan

From a Long time Relaxo follow a trend line and it is a uptrend stock and now it is near to touch the trend line and may go up For Education purpose

bablumalik

Relaxo at good level to start accomodating for long term It is on the trend line as seen in the picture

DKM_

BUY 1320-1330 T1 1365 T2 1411 SL1285-DKM SIR i can see the upmove from here buy as per your risk

Rohit_Tomar Updated 

On the daily chart, RSI of 9 days crossed below RSI of 21 days and no sign to move up. Expecting a price correction to 1200 levels from here (CMP1318) which is around 10%. If selling pressure increase it may go up to send level of support at 1140 which have less chances. Therefore buying range would be around 1200 levels if RSI indicates for positive side. I...

elliotwavemagictrader

stock near to demand zone if it form bullish pattern tomorrow on closes basic then possibilities for reversal

02:31

GROWINGWEALTHM

Good evening friends we are expressing our opinion on RELAXO FOOTWEAR SEE VIDEO for details lelvel to watch is 1290 REGARDS,

sandeepbalachandran

Watchlist stock. Not quite ready for a BO. ====== This is not a recommendation though. Trade as per your knowledge and your risk appetite. And do not base your trade on what I give. Please do your own research before investing! I don't post as often but when I do, the trades are potential movers for the week! So trade and book your profits accordingly. Happy Trading!

jjthomas94 Updated 

NSE:BATAINDIA too showing good setup Strong Consolidation & breakout above 1235 support zone below 1100 Near 100ema crossing

Aakash38

Relaxo Bullish set up with good Risk to reward,......................................................

Aakash38

Price action analysis of Relaxo - good risk to reward trade

keshevdugar

Self explanatory chart FOLLOW me for more such content ahead...Till then, HAPPY NEW YEAR AND HAPPY TRADING :)

NavoAvi

wait for a proper breakout with more possible price action pattern forming

nikhiluppala160

Disclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.

UnknownUnicorn22711483 Updated 

after trendline retest it has bounced back and target for long side is 1510. Buy in delivery and wait for target

jhammayank07

A parallel channel breakout with gap up and decent volumes...Buy Above 1448 TARGET=1515 RS=ABOVE 0 (POSITIVE) Suptrend=Positive