RCF - Swing Trade Analysis - 26th May #stocks

May 26

RASHTRIYA CHEMICALS & FERTILISERS (1D TF) - Swing Trade Analysis given on 24th May, 2024

Pattern: ASCENDING TRIANGLE BREAKOUT
- Weekly Resistance Breakout - Done ✓
- Weekly Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress

* Disclaimer

#rcf #nifty500

May 27

Note

Please note:
- There is a typo mentioned above in the description and the date should be 26th May, 2024
- The Analysis is done on a Weekly Time Frame

Apologies for the error

Jun 10

Trade active

RASHTRIYA CHEMICALS & FERTILISERS Update (as on 10th June, 2024)

- Entry Triggered

* Disclaimer

Jun 19

Trade active

RASHTRIYA CHEMICALS & FERTILISERS Update (as on 19th June, 2024)

✓ 15% Up in 14 Trading Sessions

- Both Target Levels Achieved with a strong breakout candle with volumes today
- Entry was done at the Demand Zone
- Held through the turmoil during the Exit Polls
- Added into on the 10th of June, 2024 at the same demand zone levels (entire sector has been showing strength)
- TSL is close

* Disclaimer

Jun 20

Trade active

RASHTRIYA CHEMICALS & FERTILISERS Update (as on 20th June, 2024)

✓ 40% Up in 15 Trading Sessions

- As mentioned yesterday, the entire sector has been showing strength
- TSL was close

- Trend is Your Friend
- Hold your Winners and let your Losers Go !!

* Disclaimer