RKFORGE FROM 300 TO 770+Hello friends one of my Breakout Stock giving 150% returns in few months.
Great analysis
RKFORGE
RKFORGE FROM 300 TO 770Hey friends
One of my Breakout Stock now giving 150% + returns in few months
Great analysis
RAMAKRISHNA STOCK TO TAKE LONG ENTRYLong Ramakrishna all important levels has given on the charts. Support taking 50 EMA on daily charts as well as stock near the breakout of the resistance area. Entry to be taken after the breakout. Good risk to reward trade. This is for your educational purpose only.
RKFORGE - Ichimoku Bullish Breakout Stock Name - Ramkrishna Forgings Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 370
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
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RKFORGE - SMALL CAP - MULTIBAGGAR Close to 52 Week High
3.57% away from 52 week high of Rs 318
Performance Today
Underperformed Sector by -2.03%
Trend Reversal
Stock has fallen after 3 days of consecutive gain
Day's Low
Stock touched an intraday low of Rs 305.1
(-2.32%)
Moving Averages
Ramkrishna Forg. is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages
Falling Investor Participation
Delivery Vol of 2.32 lacs on 31 Mar has fallen by
-1.93% against 5-day avg delivery vol
Liquidity
Based on 2% of 5 day average traded Value the stock is liquid enough for trade size of Rs 0.69 cr
Fundamentals
Pat (HY)
At Rs 128.27 cr has Grown at 43.46 %
Net Sales (HY)
At Rs 1,601.92 cr has Grown at 35.74 %
Roce (HY)
Highest at 16.45 %
Inventory Turnover Ratio (HY)
Highest at 3.38 times
Debt-Equity Ratio (HY)
Lowest at 1.20 times
Debtors Turnover Ratio (HY)
Highest at 3.57 times
Best time to enter 290 levels
RKFORGE - Ichimoku Bullish Breakout Stock Name - Ramkrishna Forgings Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 311
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
RKFORGE - 50% RETURNS!!!BUY - RKFORGE
CMP - Rs. 284
Target - 1: Rs. 200
Target - 2: Rs. 177
Target - 3: Rs. 147
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Technicals - 1) Bearish Harmonic Pattern.
2) Targets set using Fibonacci Retracement.
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Follow me for more!
Ramkrishna Forgings LimitedRKFORGE:- Rounding bottom pattern has formed, keep your eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
38# Ramakrishna ForgingsNSE:RKFORGE Looking Good as
1. Rounded Bottom Formation
2. Bullish Crossover: Weekly EMA 20 Above Weekly EMA 50
3. Breakout with Huge Volume
4. Stock at all time high in unchartered territory
if you liked it please don't forget to follow me
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education purposes.
RKFORGE | Good for Long |DIWALI PICKNSE:RKFORGE
Reason for Trade : WEEKLY SUPPORT / ROUNDING BOTTOM
Cmp : 229
Entry : Cmp or near Support 215
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
RKFORGE - Ichimoku Bullish Breakout Stock Name - Ramkrishna Forgings Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 232
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Inverse Head and Shoulder in RK ForgeChart -> RK Forge Weekly
The stock has given an inverse head and shoulder breakout with volume build-ups. Keep it on your radar!
CMP: 229
Good range: Around 212
Targets: 252, 280
SL: 199 Weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
RKFORGE - Ichimoku Bullish Breakout Stock Name - Ramkrishna Forgings Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 228
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
RKFORGE - Ichimoku Bullish Breakout Stock Name - Ramkrishna Forgings Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 213
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
YR 2022 Idea #96: Long on RKFORGE This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
RAMKRISHNA FORGINS - BULLISH PATTERNRamkishna Forgins seems like a Double bottom pattern in daily chart. It's strong bullish pattern. If breakout the neckline & price sustain above 170 in daily frame, It will be move upwards. It is good option for swing traders.
RK FORGE TO BREAKOUT OF CONSOLIDATION Ramkrishna Forge will break out of consolidation and will make new highs soon.
Stock split & dividend will be decided by 18 Jan, till then am expecting good rally in the stock
Good Luck
Rk forge, long term player#rkforge
RK FORGE
Nice portfolio pick with strong orderbook and good fundamental.
Already invested, will add more between 890-840 levels for.long term
#vr
Ramkrishna Forging - Bought at 966.70Sales have increased by 264.57% in current quarter and company has posted a profit from loss last year. Hitting a new 52 week high after consolidating for a few weeks.
RKFORGE - new 2021 closing highAs the chart shows RK Forging has cleared 4 month old resistance at 615 this week. The breakout happened middle of last week and the stock managed to hold above the resistance level of 615 and closed at 647 this Friday with very high volumes.
One can go long in this stock with possible targets at 705 and 850 both of which are important levels for this stock from the 2018 bull market. A WCB SL of 615 (current breakout level) is ideal.
PS: RK Forging is an illiquid stock with fairly low volumes, please trade accordingly.
RKFORGE: NEAR BREAKOUT
NSE:RKFORGE
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
