Buy Relaxo Footwears ( Pure Long Term Investment)

Its a Weekly analysis So needs to give time to move this stock ..It can't move in a rapid way.

Buy Relaxo Footwears ( Pure Long Term Investment)

Buy on dip candidate till 700 and Safest Entry is above 760 on Closing Basis..
Stoploss is Below 610 which is previous Swing Low ..
Target is 1025 .

Study: It is a Symmetrical Triangle Breakout and stock is consolidating after in between 700 to 750 Zone from 4 weeks...

Note: All Levels are on Closing Basis.

Comentário:

7% Returns in 1 week...today it should close above 785 to move further upside

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Now it Should close above 812..Then 850 is coming Soon

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today it is reached to 850

Comentário:

914 Rocking

Trade fechado: objetivo atingido