RAJESHEXPO trade ideas
Rajesh ExportsTrade Setup:
Weekly: Making a round bottom. Crossed resistance of 560 INR with volumes. Trading above 50 EMA (sloping upwards) & 200 EMA
Daily: slope of 50 EMA and 200 EMA is upwards indicating momentum. Took support (long wick) on 50 EMA as well.
Entry = CMP ie; 613 INR
SL = below 560 INR. Consider 550 INR as SL (with buffer) on weekly closing basis
Target = 730 INR
RR = 1.8
Keep trailing your profits, and have patience in the stock.
RAJESHEXPONSE:RAJESHEXPO
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BO from channel patternRajesh Exports is the largest manufacturer of gold products in the world. It is also the largest GOLD COMPANY in the world. And also the largest refiner of gold in the world, it processes 35% gold in the world...nice credentials, and it is good to reach 654 and beyond...Targets highlighted by horizontal lines. Trade at your own risk. Do your own research. Cheers.
Rajesh Exports - BullishRajesh Exports CMP - 461.65
Looking bullish in weekly time frame. One can go for Intraday / Swing trade setup with the following entry, exit & targets
Buy at or above 463 - 465 / Stop Loss 450
Target 1 - 470
Target 2 - 475
Target 3 – 480 / 490
Disclaimer: This is my view and for educational purpose only.
Rajesh Exports - Good BetRajesh Exports, world's largest gold jewellery manufacturer and India's biggest exporter of gold jewellery is our second buy recommendation for the coming 6 months.It is currently trading around 800 level. According to our research, we can see this stock trading between 950 - 1100 levels in the near future.