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#RKFORGE is breaking out of consolidation
RAMKRISHNA FORGINGS LTD
Long
#RKFORGE is breaking out of consolidation
By BattleofStocks
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Jun 19
3
Jun 19
#RKFORGE
Stock made a nice run since Jun’22 and gave 5x returns; has been in consolidation mode since then for about 290 days.
Breaking out now with crazy volumes not seen in 2024. Looks good for more upside.
Measured Target for this is about 34% which is also the length of the consolidation range.
Chart Patterns
india
indianstockmarket
indianstocks
ramakrishnaforgingsltd
RKFORGE
stockmarketindia
Trend Analysis
BattleofStocks
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