Relaxo Footwear was facing strong resistance around 1332-1345 from past almost 2 months & get rejected around these levels multiple times.
Today, Relaxo managed to break past these levels & trading above it comfortably although with not that good volumes.
Could be bought with mentioned stop-loss & targets.
Today, Relaxo managed to break past these levels & trading above it comfortably although with not that good volumes.
Could be bought with mentioned stop-loss & targets.