Weekly Relaxo long Sound fundamentally. One of the leaders in segment. Technically at strong support and green volume increases. Good opportunity for long to have a good return from medium to long term.Longby GOPALSRAWAT4
RELAXO FOOTWEARS HAVE A STRONG GROUND SUPPORT...NSE:RELAXO trade at 820 level. Stocks take a multiple support at 750-780 range. You can watch for an Upside move at 980 level... Longby thecapitalmarkets1
Relaxo Foot LTD Relaxo Monthly Chart Descending Triangle froming & Bullish Marubozu Pattern any time 1target 956 , 2target 1218 & 3target 1450....Longby KanikaAJagota3
Downtrend came to an end?Relaxo at 850 has high probability for reversal. 30% ROI is expected if you hold for next 6 months. For long term investment also it looks good.Longby premchand1422
Downtrend came to an end?Relaxo at 850 has high probability for reversal. 30% ROI is expected if you hold for next 6 months. For long term investment also it looks good.Longby premchand1420
go long - swing pick- this stock shows signficant delivery percentage value - possible chances for accumulation - may perform good in upcoming days - this stock is picked after market close based on delivery qty data. - follow this stock for next 5 days , if entry not triggered with in 5 days , ignore pick - line marked in chart is the day it showed huge delivery percentage.it means , i consider it as signal candle.i marked its high and low entry - go long with 1:1.5 RR - take entry if 15min close crosses the line , ignore entry if it made gap ups - i prefer entry with in 5 days , if not triggered ignore this pick sl - candle close below signal candle's low target - keep 1.5 times of sl. Longby rajeevmmails0
RELAXOHi guys, In this chart i Found a Demand Zone in RELAXO CHART for Positional entry, Observed these Levels based on price action and Demand & Supply. *Don't Take any trades based on this Picture. ... because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank you Longby GirirajKoppal0
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. Longby vasanthcse20050
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 RRLongby AsifHussain9991
Relaxo Industries | Elliott Wave Counts #Elliott #Wave #Analysis of #Relaxo Industries Ltd.: I hope this message finds you well. I would like to share with you a technical analysis of Relaxo Industries, shedding light on recent market movements and potential future trends. Please note that I am not a SEBI registered analyst, and it is advisable to consult with a certified financial professional for any investment decisions. Analysis of Relaxo Industries: Relaxo Industries reached its all-time high (ATH) at Rs. 1440.45 in November 2021, completing its minor degree wave 1. Subsequently, the price has been retracing for its wave 2 correction, finding support near the 50% retracement zone. This retracement appears to be a valid move for wave 2, and current counts suggest that wave 2 has completed. Furthermore, the analysis indicates that we have concluded wave (i) of minute degree and are presently in wave 2 of minute degree within the minor degree wave 3. This suggests a potential continuation of the bullish trend. It is essential to monitor the price action closely, as this analysis will be invalidated if the price drops below the Rs. 750 level. Caution and diligence are always paramount in the dynamic landscape of the stock market. Please remember that this analysis is based on technical indicators and patterns, and there are inherent risks associated with trading and investing. The future performance of Relaxo Industries may vary, and it's crucial to stay informed and seek advice from qualified financial professionals.by imkhushal2
NSE:Relaxo 👟👠👢 can it walk or run.. Relaxo Footwears Limited manufactures and sells footwear for men, women, and kids in India and internationally. It offers casual, running, athleisure, walking, formal, sports, school, and training and gym shoes. The company also provides slippers, sandals, flip flops, slides, chappals, casuals, belles, and clogs. In addition, it offers footwear accessories. The company provides its products under the Relaxo, Bahamas, Flite, Sparx, BOSTON, and Mary Jane brands. It sells its products through 394 exclusive brand outlets; and e-commerce portals. Relaxo Footwears Limited was founded in 1976 and is based in New Delhi, India.Longby Peaceful-Weekend-InvestingUpdated 6
check this out to understand market structure THIS IS USLESS DONT READ THIS Technical analysis is a method used in finance and trading to evaluate and forecast the future price movements of financial assets, such as stocks, currencies, commodities, or cryptocurrencies. It relies on the analysis of historical price charts and trading volumes to make predictions about future price movements. Here's a brief overview of technical analysis: 1. Price Patterns: Technical analysts study various price patterns that occur over time, such as head and shoulders, flags, pennants, and triangles. These patterns can provide insights into potential future price movements. 2. Moving Averages: Moving averages are commonly used in technical analysis to smooth out price data and identify trends. Two types of moving averages, simple and exponential, are often employed to assess the direction and strength of a trend. 3. Support and Resistance Levels: Analysts identify levels at which an asset's price tends to find support (stops declining) or resistance (stops rising). These levels are significant because they can help traders make decisions about buying or selling. 4. Indicators and Oscillators: Technical analysts use various indicators and oscillators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), to measure momentum, overbought or oversold conditions, and other aspects of market sentiment. 5. Volume Analysis: Trading volume, or the number of shares or contracts traded, is considered a critical component of technical analysis. It can provide insights into the strength or weakness of a price movement. 6. Trend Analysis: Identifying and following trends is a fundamental aspect of technical analysis. Analysts use trendlines, channels, and other tools to assess the direction and duration of a trend. 7. Chart Patterns: Technical analysts look for chart patterns like head and shoulders, double tops,Shortby prajwaldaud010
RELAXO SWING TRADE sept 10 swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis. when nifty turns bullish take tradeLongby TRIANGLEPATTERNTRADER7
Relaxo...CMP...950...FocusRelaxo Cmp- 950 Stop- 869 T1- 1500 T2- Open, Review at T1 Expected Holding Period- 9-12 Months View- Swing/Investment Longby ST_NGNF0
RELAXO - Bullish ConsolidationNSE: RELAXO is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTradeLongby BrahmaBull319
Relaxo is nearing the bottom region. Soon to be reversed?Relaxo is nearing the bottom region. Soon to be reversed? Longby vasanthcse2005Updated 3
Relaxo footwears view for 22nd Feb Relaxo footwears view for 22nd Feb Wednesday 803 above it may move upside Charts for Educational purposes only Please follow strict risk reward and stop loss if you follow my level Thanks, V Trade PointLongby vichithra1
Bullish DIVERGENCE In Relaxo weekly chartAs you see a beautiful setup of market structure is under making a bullish DIVERGENCE in weekly chart . When price if close above 921 then on retest its good swing move seen in this script keep on watchlist. See how price worksby lavlesh2lucky2211
BUY RELAXO Relaxo is one of the beaten down candidate from it's sector with on manufacturing unit and a strong customer base, as the demand rebound and the story of India's growth continue to hold and significant upside is open, on the fundamental note the top and bottom line continue to grow at moderate growth rate and there is growth that has to unfold in the coming year the stock is beaten down around 40% from it's high and there is and opportunity to go long on the stock to benefit as there is classic bullish inside candle form on weekly basis and one can go long around the level ofthe upside of inside candle with a stop of .25ATR + low of the same candle. Happy Investing Longby GenuineTrader-GTUpdated 1
Relaxo Sell at ATHGood Fundamentals + Technicals, The stock is down due to market crash. Longby kashyaomilindkale1
Relaxo: Breakout candidateRelaxo has given a strong breakout from the rising wedge channel on daily charts with strong volume. Keep it on your radar!Longby Bull_Circle1
Relaxo footwear Good trend line support Near 100 day moving average Macd also give confirmationLongby thakkarkishan049112
Relaxo Footwears (Pre - Results Analysis) | Good Move PossibleNSE:RELAXO Relaxo Footwears has been into a tight consolidation zone since the past few weeks, with quarterly results Last Quater due to weak results the stock had shipped down 10%, however, it came back to it original price gradually, the current consolidation happening in the stock is forming an ascending triangle pattern (which is considered as a bullish pattern) however with results on the go that will be announced on 26th July'22 (Tuesday) I am slightly positive about the results of this quarter So here is my Trade plan, Though I am bullish I will wait for the confirmation by price action, when the candle closes above the level of 1017, and gives a re-test/retracement on the level of 1017. I will plan to take a long position with a target price of 1111-1115 Also last quarter showed us that the costs pressures for the company had deeply hurt the profitability of the company, let's see how did company plan and take action on the last quarter's issues. Hoping for a positive Quater Do Support by Liking and Commenting on our Post as it motivates us to post more such ideas Disclaimer - The idea shared is just for educational purposes with no intention to promote the company, before investing kindly do your own research and also consult your financial advisor, I am not a SEBI registered individual. #Tradeplan #candlestick #candlestickpatter #priceaction #learn #Earn #analysis #Relaxo #Grow #harshnisar45 #stockmarket #chart #chartpatterns #swingideas #Learn&earn #Wealth #editorschoice #trending #weathmagnet NSE:RELAXOby harshnisar459