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Trader-AJ
Jan 5, 2017 4:30 AM

RCF - Cash Investment opportunity! Long

RASHTRIYA CHEM & FNSE

Description

As shown on the weekly chart, RCF is about to complete a 8 year old symmetrical triangle.
What makes it special is-- there is a good inverted Head and Shoulder price pattern (S-H-S) in last leg.
Breakout is above 54 - 58 zone targeting 130+++

Comment

57.40 now... Inverted HnS got breached...now Trend line resistance is the only hurdle. I expect that too breach soon....
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