All time weekly , good bo , chartwise looks good, more steam left , stay cautious with strict stoploss if invested , all the best
From main rising channel trying to form down ward chanel. As of now main green channel lower trend line broken.and trying to from down ward channel. Below 500 main support is 483 on closing base bears can have upper hands any where between 483/414 4!4/375 Above 525 upside above @ 566 to high price is bulls area. As of now 483/566 for either side breakout...
BSE:RACLGEAR has a good price action structure. Much of the analysis done on chart. Targets- 800/860/900+ Sl: below 620 Position size accordingly. HAPPY TRADING!
Purchase should be in the green accumulation zone. SL to be placed at 8%. Fundamentally strong. Momentum is +.
#RACLGEAR BSE listed Long suggested above 73. Stop 65 Target Open Logic : #VCP Volatility contraction pattern A TO B 43% C TO D 23% E TO F 13% Fundamentals Qn-4 Qn-3 Qn-2 Qn-1 Sales 13.1% 18.7% 77.0% 53.1% OP -0.7% -9.0% 13.7% 165.3% NP 53.7% 45.2% 68.0% 147.7% OPM 8.50% 8.80% 14.76% 13.36% NPM 3.23% 4.68% 10.71% 4.20% Positives - EPS has been on...
RACL Geartech 12 year BO Target 60 above that free world