Munafa Relaxo Footwears Limited (RELAXO) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Relaxo Footwears Limited (RELAXO) Indicator analysis

Relaxo Footwears Limited stock tips (delivery Volume analysis)

Total 5 day volume for Relaxo Footwears Limited is 292408, out of which 151183 went into delivery, which is 51.7 percent of total volumes

Volumes in the last session was 54598, out of which 29683 went into delivery, which is 54.37 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Relaxo Footwears RELAXO intraday stock tips

20 Friday February Stock tips for Relaxo Footwears Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Relaxo Footwears RELAXO gave a large move recently.

My analysis of Relaxo Footwears is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Relaxo Footwears stays below 362.2, but if it comes above 362.2, then a intra day buy could be more profitable.
If you take a sell trade below 362.2, then use 362.2 as stoploss and 352 as target. However if you take a buy trade in Relaxo Footwears, then use 362.2 as stoploss and 370.73 as target.

19 Thursday February Stock tips for Relaxo Footwears Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Relaxo Footwears RELAXO gave a large move recently.

My analysis of Relaxo Footwears is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 363.6 as stoploss in an intra day buy trade for a target of 372.08. However, stock will show a bearish move below 363.6.

18 Wednesday February Stock tips for Relaxo Footwears Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Relaxo Footwears RELAXO gave a large move recently.

My analysis of Relaxo Footwears is bearish for shortterm, and stock might move down till 364.3 or till 354. Use a stoploss of 372.79 and if the stock hits stoploss, then it can shoot up till 381.32

17 Tuesday February Stock tips for Relaxo Footwears Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Relaxo Footwears RELAXO gave a large move recently.

My analysis of Relaxo Footwears is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 364 as stoploss in an intra day buy trade for a target of 372.8. However, stock will show a bearish move below 364.

16 Monday February Stock tips for Relaxo Footwears Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Relaxo Footwears RELAXO gave a large move recently.

Although my analysis for Relaxo Footwears is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 353.6, for a target of 364.4 or 373.29

13 Friday February Stock tips for Relaxo Footwears Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Relaxo Footwears RELAXO gave a large move recently.

Although my analysis for Relaxo Footwears is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 357.1, for a target of 367 or 375.24

12 Thursday February Stock tips for Relaxo Footwears Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Relaxo Footwears RELAXO gave a large move recently.

My analysis of Relaxo Footwears is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Relaxo Footwears stays below 368.4, but if it comes above 368.4, then a intra day buy could be more profitable.
If you take a sell trade below 368.4, then use 368.4 as stoploss and 358.2 as target. However if you take a buy trade in Relaxo Footwears, then use 368.4 as stoploss and 376.86 as target.

Relaxo Footwears RELAXO tips for tomorrow

Tomorrow's movement Prediction of Relaxo Footwears RELAXO appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Munafa value: 35

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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