📊 Positional Important Levels of Rajesh Exports

📊 Positional Important Levels Support Zone: ₹73–₹75 Major Support: ₹70–₹72 Resistance Zone: ₹80–₹83 Major Resistance: ₹88–₹92 📈 Structure Short-term structure remains weak. ₹73–₹75 is the immediate support zone. A move above ₹83 can indicate an initial recovery. Above ₹92, the technical structure can improve considerably. Below ₹73, further weakness is possible. 🏢 Business Rajesh Exports is engaged in gold and diamond jewellery manufacturing, refining and exports, with a significant presence across the gold value chain. 🚀 Key Drivers Recovery in operating profitability. Large-scale gold refining and jewellery manufacturing capabilities. Global jewellery demand. Gold-price movements and export demand. Improvement in margins and working-capital efficiency could support earnings. 💰 Financial Profile Revenue is extremely large, but operating margins are very thin. Recent quarterly performance showed improvement in profitability. Cash flow, inventory and working-capital management remain important to track. Earnings can be sensitive to gold prices and inventory movements. ⚠️ Watch Outs