RCF - fertiliser stock looking for 100% gains
RCF ltd - cmp 108
Fertiliser company stock that has breached monthly close of 110 (year 2007) and has sold around 134 levels.
Now trading again at 108 which is a very strong support for it.
Now volumes have dried up which is a sign of consolidation happening and it is not under the public eye.
From here it may again start upmove till 135-140 which is a resistance level and then go for 200 plus levels.
Thanks
Happy Trading !
Fertiliser company stock that has breached monthly close of 110 (year 2007) and has sold around 134 levels.
Now trading again at 108 which is a very strong support for it.
Now volumes have dried up which is a sign of consolidation happening and it is not under the public eye.
From here it may again start upmove till 135-140 which is a resistance level and then go for 200 plus levels.
Thanks
Happy Trading !
Trade active:
first target of 133 reached, on 05sep
Trade active:
high of 142 reached today with high volumes - the highest volume since 285 days - the highest buying volume this calender year.
now we may see it go into the uncharted territory .
now we may see it go into the uncharted territory .
Comment:
stock closed at 151 odd levels that is the highest weekly closing ever.
now up for 200 and 300 odd levels.
high volume participation may also come in the coming weeks and months.
now up for 200 and 300 odd levels.
high volume participation may also come in the coming weeks and months.
Comment:
stock price closed at 170. keep watch for any meaningful decline of say 10% for futther accumulation .
thanks
thanks
buyers in full active mood !