RAJESH EXPORTS LTD
Long
Aggiornato

Positional or Longterm Opportunity in Rajesh Exports

854
Go Long above 454.8 for Targets of 636.3, 708.9, and 781.5 with SL 418.5

Reasons to go Long :

1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the all-time swing low (point A) to the all-time swing high (point B) then we see stock took support from the 0.618 Fibonacci level.

2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around 0.618 Fibonacci level.

3. In addition to this there is a strong support zone (marked with green color), from which the stock is taking support and moving up.
Trade attivo
Trade chiuso: stop raggiunto

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