MasterTrader1949X

Relaxo Footwears Ltd

Long
NSE:RELAXO   RELAXO FOOTWEARS
Its near its 52 Week low.
Dividend giving stock.
Promoter Holding is good & No promoter Pledged.
Debt is less than reserves.
Demand Zone is marked as green shaded horizontal area.
Supports are marked as green horizontal lines.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Price is below 200 EMA on weekly chart.
Demand Zone is from 680 to 570, which may act as reversal zone.


Levels:-
Accumulated 780 - 745 - 715 - 680 - 570
Stoploss 550
Tgts 925 - 1035 - 1105 - 1230 - 1330 - 1445


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