Stock-n-Shine

RKFORGE - CLEAN BREAKOUT WITH VERY CLOSE 50/200 SMA

Long
NSE:RKFORGE   RAMKRISHNA FORGINS
A very positive breakout where all the moving averages converge & then expand.

1 Yr Breakout with strong sectoral tailwinds as all forging stocks doing well

Strong upsurge in Volume indicates sustained price action upside from the present levels

Supply and demand zones clearly marked in the chart with no extra indicators to cause any confusion.
Trade active:
On the move
Trade active:
20 Jun Closing Price - 871.95

21 Jun made a high of 930 (near to 60 pts - 6.4%) and closed at 899.1 (3.11%) due to profit booking in the broader market

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