Get started
srikartiram

RKFORG | Flag breakout opportunity (Small position size please)

Long
RAMKRISHNA FORGINS (NSE:RKFORGE)  
srikartiram Updated   
NSE:RKFORGE   RAMKRISHNA FORGINS
Flag Candlestick Analysis Supply and Demand Technical Analysis weakstock setup goodsetup positional swingtrading
17
4
flagpattern candlestick supplyanddemand technicalanalysis weakstock setup goodsetup positional swingtrading
RKFORG | Flag breakout opportunity (Small position size please) - Looks good for 40%

Taking based on only technical chart setup - Fundementally slightly weak company as EPS is in negative.
Similar to WELSPUNIND, TATACOFFEE patterns.

CMP : 642 (Dip : 600)
SL : 540
Target : 850


Trade closed: target reached

Related Ideas

srikartiram
RKFORGE | Strong support zone - Potential for 20%
srikartiram
APOLLOTYRE | Simple flag pattern - Looks potential for 40%
srikartiram
BHARATFORG | Trendline breakout ahead for 12%
srikartiram
WELSPUNIND | One word is Flag 🏁
srikartiram
DAAWAT (aka) LTFOODS | Paisa double opportunity
srikartiram
TATACOFFEE | Flag with decent support last 3 weeks
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.