Relaxo Foot LTD Relaxo Monthly Chart Descending Triangle froming & Bullish Marubozu Pattern any time 1target 956 , 2target 1218 & 3target 1450....
Relaxofoot
Relaxzo is one my stock did not fair well lately. maybe now?I have changed some of plan to this stock. I guess it will perform this time well.
Relaxo is on long term support demand zone with low RRdaily time frame has positive RSI divergens,
Weekly CPR is tight sign of breakout
triangle formed on monthly, weekly, daily tiem frame stock at the consoludation at the trendline this time is good for 1:9 RR
Relaxo...CMP...950...FocusRelaxo
Cmp- 950
Stop- 869
T1- 1500
T2- Open, Review at T1
Expected Holding Period- 9-12 Months
View- Swing/Investment
Relaxo is nearing the bottom region. Soon to be reversed?Relaxo is nearing the bottom region. Soon to be reversed?
RELAXO up or down RELAXO both side moves are possible let the market side what it have to do ?
what do you think guys which move you think is possible and have more probability ?
let me know your opinions :
R-0197 Short Term Cash Buy RELAXO @658.00-662 SL 638 TGT 704Short Term Cash Buy RELAXO @658.00-662 SL 638 TGT 704
TK cross over +MACD crossover + ichimoku cloud break out + above VWAP
RELAXO , BUY Above 675 .Relaxo Daily .
Pull Back Trade ( Retraced 0.618)
Buy Above :- 675
SL :- 645 (1), 625 (2)
Target :- 745 , 825 , 885
