RESPONIND : cmp : 139.6 A falling supply trendline breakout done near 130-135 zone. As well as a white marubozu kind of candle also formed in D & W chart. Now trading near the breakout zone of 140-148 . If it surpasses and sustains above the level a short term buying trigger could be possible . Closed above prvious high. RSI & MFI trending up. Buy on...
If it sustains today above 195, chances are there it will break 200 which is 52week and may cross 210, which all time high
posted 29.12.2021 RESPONSIVE INDUSTRIES stock above 129 level for a target 135 today the stock made high 150. Wishing you And your family a very Happy English New Year 2022.
RESPONSIVE INDUSTRIES as per daily chart analysis today the stock has broken the resistance 121 and stock above 129 for a target 135. Tomorrow there will be a gap down or initial bearish candles in the early sessions. Watch out and trade profitably.
after major correction of the 45-degree angle of slope suggest good correction, not a panic sell-off . buy -219 only with small quantity as it is early trade stop loss - below 219 if sustaining below target - 158
Bullish flag pattern in Responsive Ind. Ltd. on weekly timeframe.
Chart Analysis for you to track. Note - For educational purpose only. I don't provide paid calls or stock tips. And that's why - - No SL - No Target - Just a picture depicting the story. Use it, if it's Insightful. Ignore otherwise.
yellow line line is the resistance... the stock touched this line first time in 2012 made many unsuccessful attempts in 2015....but failed... this month again the stock closed right at the line.... i am of the opinion that the stock will break the resistance next month.......my reasoning is based on following.... RSI is above 70 for the first time in the stocks...