Posted On: October 18, 2023

#REFEX (NSE) Stock Report | 17 Oct 2023

Outlook: Bullish

Sector: Energy

Industry: Thermal Coal

Refex Industries Ltd is a manufacturer and refiller of refrigerant gases. The company’s operating segment includes Coal & Ash Handling Business, Solar Power – Generation and Related Activities, Refrigerant Gas- (Refilling) and Sales, Sale Of Service, Power Trading, and Other. Geographically, the business activities are operated through the region of India.

#xCalData predicts that # REFEX will continue its bullish phase over the next five days and trend within the range of 637 to 783.

In comparison to the previous month, the price of the stock has experienced an increase of 7.59% indicating a bullish.

The Stock has doubled 5 time(s) since 07 Jan 2015 and took an average of 1.7 years to double.

The stock has not shown seasonality trend in the past.

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 3 years in the past.

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely Coppock Curve indicate Bearish view.

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days.

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play.

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData

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