Relaxo has just entered the cloud. Whichever side it steps out, it will continue. COntinue watching and enter long position when it steps out and gives a closing outside the cloud.
Target no idea as of now. But we can consider 10% to 12% in a period of 1 month.
Keep it on your watchlist and take position if it steps outside the cloud towards the top...
Closing outside the cloud is important