Footwear
RELAXO
Relaxo Footwears Ltd.
Wait and Watch
Setup readiness
Extended
- Pivot Levels
- ₹420.9-377.6
- Support Level
- ₹341.1
- Resistance
- ₹450.8
- Risk Distance
- 9.7% to stop
Reference levels for educational study only. Not a recommendation to buy or sell.
Swing Edge Intelligence
Structured setup analysis · research only
Setup status · Developing setup
Some constructive elements are present, but leadership and breakout quality remain mixed.
Bullish factors
- Price trades below the long-term trend anchor (200DMA).
- Moderate distance from 52w high (-21% below).
- ATR 4.4%/day — healthy volatility (+4).
- Chasing +23%/10d, not consolidating (-14).
- RSI 77 — hot.
- Price has built a constructive advance from the 52-week low.
- VCP-style base with 4 contraction(s) — supply appears to be fading.
- Recent volume expansion — institutional participation may be returning.
- Volume flow suggests quiet institutional accumulation.
Risk factors
- Extended 10% past the pivot — chasing risk
- Stop is 10% away — too wide to size well for a swing
- RSI 77 — overheated, prone to a shakeout
Overall view
Short-term accumulation is visible, though it should be weighed against trend and RS context. The setup is still developing — leadership and trend alignment need further confirmation.
Setup research
RELAXO — trend, RS & risk snapshot (not a trade recommendation)
Signal · context · invalidation · risk · skip reasons — research only
Positives
Extended 10% past the pivot — entry has already run
- Volume 11.8× the 50-day average
- Confirmed Stage 2 uptrend
Context & regime
- Market regime Mixed / range-bound
- Trend stage Stage 2 — tradable
- Sector RS Lagging group
- Relative strength Building (RS 64)
- Trend strength Strong (ADX 39)
Negatives
This idea is wrong below ₹341.1 (17.5% away)
Base / stop support breaks — the swing thesis is wrong below here
- Stop / base low₹341.1
- Pivot — failure re-entry below₹375.7
Risk distance
Risk ≈ ₹36.51/share from entry ₹377.6.
Stop is wide (10%) for a swing — sizing will be small
Reasons to skip 3
Disqualifiers that apply even if the score looks good.
- Extended 10% past the pivot — chasing risk
- Stop is 10% away — too wide to size well for a swing
- RSI 77 — overheated, prone to a shakeout
Setup metrics Latest scan
RELAXO Technical Analysis & Swing Setup
Grouped structure, momentum and risk from the latest research scan.
Structure
Momentum
Risk
More scanner fields
RELAXO Support & Resistance Levels
Research chart
Daily price action with pivot, support, and resistance levels from our latest scan, plus relative strength vs Nifty.
Pivot levels, support and resistance are drawn on the price chart. · Research only.
Sector RS rank · latest scan
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Seasonality — monthly returns
How this stock moved month by month over the last ~2 years.
A rough tendency, not a reliable pattern. Research only, not advice.
AI insights
AI Insights
Generated with AIThese insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.
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Pattern context 52w · setup · flow
52-week range
—Stage-2 ideal band · Early recovery
Pattern highlights
Pattern signals from the latest scan
Smart money flow
Last 60 sessions · accumulation vs distribution
Setup intelligence Overhead · VCP · radar · risk
Overhead supply
Resistance ceiling above current price
Chase / failure risk
Honest read on exhaustion & extended moves
Base / VCP coil
Depth, contractions & pivot distance
Setup quality radar
Shape of the setup in one view
Peer comparison Sector peers
Sector Peer Comparison
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RELAXO FAQ Common swing-trading questions
Frequently asked questions about RELAXO
What are the screener observations for RELAXO?
On Swing Edge's swing-setup framework, Relaxo Footwears Ltd. (RELAXO) currently grades C — mixed — needs patience. Extended 10% past the pivot — entry has already run. Flagged today. This is educational research, not investment advice.
What are RELAXO's support and resistance levels?
For RELAXO, near-term support sits around ₹341.1 (the base/stop zone); overhead resistance is around ₹375.7 (the breakout pivot); the next resistance above is ₹450.8. This is educational research, not investment advice.
What is the breakout / pivot level for RELAXO?
The breakout pivot for RELAXO is around ₹375.7. Price is currently about 10.1% above the pivot. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.
Is RELAXO above its 50-day and 200-day moving averages?
Yes — RELAXO is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.
How strong is RELAXO versus the market (RS rank)?
RELAXO has a relative strength (RS) rank of 64 out of 100 versus the NSE universe, making it building relative strength and outperforming the broader market. Trend strength (ADX) reads 39, indicating a strong trend. This is educational research, not investment advice.
Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.
Prices and day-change figures use the last daily close from scan data dated 2026-06-25 — not live intraday NSE quotes.