Please see details on the chart. I have included the fundamental analysis as well as my take on Technical - Price action. This is a Investment Idea and not a 'trade'. No FnO please! Please consult your investment advisor before investing.
Price action: Price remained below 630-650 zone and bounced from 250-270 zone Beyond 650-670 zone, this will be a totally Bull's at play!
Relaxo footware: Market Cap ₹ 22,184 Cr. Current Price ₹ 891 52 High / Low : ₹ 974 / 748 ROCE 11.8 % ROE 8.65 % Promoter holding 71.3 % Debt to equity 0.12 (courtesy : screener.in) In short this ticks all parameters that I value Price action: This is consolidating in a very small range since last many months. My planned entry, as well price journey i...
Bank of India has been in downtrend since multiple years. Well the trend is changing now. Here is my idea to multiply the gains. This is my own take, and not a recommendation to trade / invest. Please consult your advisor before investing.
The chart has been marked with key support and resistance levels. Based on my analysis this is a 'BOF' setup of price action. This is a momentum based Mean Reversion trade, suggested purely based on Price actions! One can initiate a 'Short' trade at current prices. SL of 1.5 Rs (Risk) and Target of 3 Rs (Reward). This created for educational purpose ; Please...