VigneshIyer

RCF into multi year breakout.

Long
VigneshIyer Updated   
NSE:RCF   RASHTRIYA CHEM & F
Stock will give a try to breakout the 2008 levels. Solid price action today. Since it has rallied a lot, risk reward is a bit unfavourable. One can enter with 50% of normal quantity with an sl of 109 on cbsl.
Also 118-120 level to lookout
Comment:
Needs to close above 118.55 on weekly and monthly charts

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