skandha1986

RCF - Triangle pattern breakout - 100% upside potential

Long
NSE:RCF   RASHTRIYA CHEM & F
RCF has been within a triangle pattern range (for 14 years since Jan'08) which seems to have broken out now at around 112 range with good buying volumes.
Target is coming to 200+
SL: Daily close below 105
Target timeframe: 6 months to 1 year.

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