Rashtriya Chemicals & Fertilizers is a public sector undertaking (PSU) with 75% stake owned by GOI. Company is engaged in manufacturing and marketing of fertilizers and industrial chemicals. Company is trading below historical 10 year Avg PE while the sales have almost doubled alongwith margins. Stock has been a laggard and has not created any wealth for its...
NSE:RCF is consolidating on multi year support levels. Expect a breakout and rally to touch All Time Highs
RCF seems fundamentally strong - again its in chemical sector. Also presently showing a good consolidation. High potential to give a strong breakout and continue in that direction. Keeping an SL below 67 Rs, I have started to build my portfolio in this stock. I have already bought about 40% of my fund allocated for this stock. Currently my buy avg is 82. Will...
RCF has a string resistance around 88-91 zone. Buy above 91 closing for the next set of journey
08 Months tight consolidations and price try to taking support near lower boundary .Candlestick may be help the price for upmove .
Strong Bullish hammer at support All the time price fell without volume support Risk to reward excellent if bought near lows View negated with close below 64.50
The stock seems to have made a bullish breakout with very high volumes for 2 consecutive days. It has high resistance around 90 levels, hence the trade should only be initiated if it crosses 90 and sustains that. The likely targets are 100 and 110. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern,...
Clear 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
In 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.
NSE:RCF Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
Cup and handle pattern in formation breakout confirmation above 90 risky entry can take around 88 rest all details mentioned on chart.
Need to hold this support line. If price moves sideways above this support then we can see upside price to go
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.
Target 1 achieved. More than 31%. Target 2 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.