RCF is currently witnessing multi year BO. the pattern which has been formed on the charts is double bottom which has been marked by me using "Blue" lines and the target is of 140+ which has been marked by me in "yellow" line. two bottoms have been formed in the bases where a parallel channel has been drawn to mark as "support". the neckline has also been marked with parallel channel can be called as a "resistance" once this is broken with huge volumes multi year high of 140 can be seen. the news are also in support of the company where by the document published by the company says that the company has crossed the revenue mark of 2000 crore+ with a growth of 114% as compared to pervious year. in general the market sentiment is bullish and so is the stock. thus one expect as per this chart pattern as multi year BO never fails.