High probability breakout in RCFClear breakout in RCF
Rapid move for last two days with ultra high volumes.
Buying Condition 1 - Buy above 90.25 which may act as a good resistance for minimum time exposure in the trade.
Buying Condition 2 - Buy on pullback around 81 - 82 for value entry.
Target 99.85
If possible, prefer condition 2
RCF
RCF + Madras FertilizerIn both the charts a breakout is being awaited from the min triangle pattern as well as the the long descending trend line.
In both the charts the targets for the inverted Head and Shoulder pattern are still in progress to be achieved.
In both the charts, the breakout will also be a breakout from a Darvas Box.
Target 2 (55%) achieved. Target 3 is ON...This is follow-up on Rashtriya Chemicals & Fertilizers. Can check link to related ideas.
Target 2 achieved. More than 55%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.