RCF 1:10R Reversal Trade set up1. Set up: Probable reversal
2. Reversal mini breakout
3. RR 1:10+
4. May sweep SL before breakout
RCF trade ideas
buy RCFit has confirmed double bottom pattern. we may see price of 200 in coming few weeks. view negated below 165 closing basis
RCF ready for a big breakoutRCF forming a W on daily chart with good momentum chances of stocking upwards are quite high. A trade after breaking 185 can be taken for a target till 194.
RCF Limited: Triangle Breakout & Double Bottom FormationTechnical Analysis:
RCF Limited showcases a triangle chart pattern breakout supported by the formation of a double bottom pattern, a powerful bullish reversal signal. This dual pattern alignment strengthens the bullish case, with the breakout above 176 marking a key entry point for traders.
Trade Setup:
Entry: Above 176
Stop Loss (SL): 158
Target: 274
Pattern Highlights:
The triangle breakout confirms a shift in momentum, with increased buying pressure at critical levels.
The double bottom pattern indicates a strong reversal from the lows, adding confidence in the move toward the target price of 274.
With both a triangle breakout and a double bottom pattern in play, RCF Limited offers a compelling buy opportunity. A combination of technical signals and proper risk management with a stop loss at 158 provides an excellent setup for swing traders aiming for the 274 target. Ensure you monitor volume to confirm the breakout strength.
RCF CHART IS LOOKING GOODRCF chart is looking good for long term as its reacted from strong demand area. All my views are oersonal. These charts are not a buy or sell recommendation
RCF Multiyear Bullish breakoutRashtriya Chemicals & Fertilizers Ltd. is an India based fertilizers manufacturing company. It operates through the following segments: Fertilizers, Industrial Chemicals, and Trading. The Fertilizers segment engages in the production and supply of various grades of fertilizers for agricultural use. The Industrial Chemicals segment engages in the production of various chemicals and supply to diverse industries. The Trading segment represents fertilizers imported / locally sourced and marketed for agricultural use
STRONG Short Term Buying signal ..breakout and retest of strong resistance and created higher high and higher low
Market capitalization
110.83 BINR
Dividend yield (indicated)
0.62%
Price to earnings Ratio (TTM)
65.15
Basic EPS (TTM)
3.05INR
NOTE--this is only for educational learning not advise for investment
RCF - Forming Bullish Head and Shoulder Chart PatternRCF is forming bullish head and shoulder chart pattern, waiting for upside breakout!
Once breakout given we will update how to trade Head and Shoulder chart pattern and most of you know how to trade.
Thank You
Arvind Yadav, Cfa
Arvind Share Academy
RCF multiyear breakout. Buy at cmp 200.
Add more at 180.
Target minimum double.
Stoploss 165 closing basis.
Holding period minimum 1year.
Inverse Head and Shoulder pattern in RCFThe charts we are looking at are 1 hour and 30 mins respectively.
In both the charts inverse H&S pattern is evident, and head is taking support at pivot also.
This shows sign of reversal.
So once, the breakout is there, and price moves above 210, it should go up to previous high or at least till 230.
Short term trade idea.
The above study is just for learning and education purpose no buy or sell call.
Must BUY RCFBUY RCF @192-197 with stoploss 185 .Terget 260. retest support line after completing rounding bottom.
RCF Daily Chart Suggest 45% upside in 6-8 MonthsRCF Daily Chart Suggest 45% upside in 6-8 Months.
RCF has given breakout from CUP Pattern in last month & now has retested the neckline.
New Uptrend has started in the stock making with Targets 300+
LTP - 202
SL - 180
Targets - 300+
Timeframe - 6-8 Months.
Happy Investing.
RCF - fertiliser stock looking for 100% gainsRCF ltd - cmp 108
Fertiliser company stock that has breached monthly close of 110 (year 2007) and has sold around 134 levels.
Now trading again at 108 which is a very strong support for it.
Now volumes have dried up which is a sign of consolidation happening and it is not under the public eye.
From here it may again start upmove till 135-140 which is a resistance level and then go for 200 plus levels.
Thanks
Happy Trading !
RCF - Swing Trade Analysis - 26th May #stocksRASHTRIYA CHEMICALS & FERTILISERS (1D TF) - Swing Trade Analysis given on 24th May, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Weekly Resistance Breakout - Done ✓
- Weekly Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
#rcf #nifty500
RCF: Potential reversalRCF fell from 190 to 118 and CMP is at 133 which shows some strength and potential to make a new high or touch ATH zone. SL can be considered any closing below 118 on Daily basis.
NOTE: I'm not a SEBI REG. Study before investing.
Amazing breakout on Weekly / Daily Timeframe - RCFCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
Stock to watch Stock to watch
RCF
+ Trading above Key EMAs
+ Volume Buildup
-: Not a Buying recommendation
Short term Swing Stock pick RCFShort term Swing Stock pick RCF
RCF looking Good above 150. the stock has made retest of its previous monthly support near the 140 to 130 level. ✅✅
Currently, the stock is rising taking support form a lower trendline which it has successfully retested in the recent sessions. ✅
Entry: Above 150✅✅
SL: 130❌❌
TGT1: 170🔥🔥
TGT 2: 190📈📈
Note: Do your own analysis before Investing.
RCF : Currently at resistance, need to sustainRCF : Good breakout but currently rejected from resistance, need to sustain 161-163 levels
RCF BREAK OUT TRADE RCF AT BREAK OUT AT 162 BUY ABOVE 162 NEED TO SUSTAIN ABOVE THAT LEVEL.
TARGET 1 - 178
TARGET 2 - 190
SL - 145
FOLLOW RISK REWARD
Disclaimer -
videos, presentations, and writing are only for educational purposes and are not intended for investment advice. I can't promise the accuracy of any information provided. please consult with your financial advisor.
Weekly breakout filter on stockedge analysis on 2h time filter On the stock edge weekly breakout analysis , price has given a breakout.
2H time frame study shows price has reached the trendline, and getting rejected from there.
We should take trade as per breakout of candle
Rashtriya chemical & Fertilizer analysis 20 May 24Rashtriya chemical & Fertilizer analysis 20 may 24
Breakout near and retest near 125
keep stoploss 120
deeo stoploss 105
Target 165 - 188 - 210
breakout target 225
RCF - Head and Shoulder Chart PatternRashtriya Chemicals and Fertilizers Limited (RCF) has formed a bullish chart pattern called Head and Shoulder. Chart structure is bullish in every point of views like in a daily chart pattern you found RSI above 60 and also above 200 EMA is a very positive signal of uptrend.
Head is formed at very important zone which act as a resistance for than a decade almost (14 years). After successfully breakout of important resistance now price retest that level and formed strongest support zone with bullish piercing candlestick in daily timeframe. Change of Polarity, Prior resistance become support.
RCF buy above 148
Stop Loss below 142
Target 163 and 186
RCF - Weekly AnalysisIn the Weekly Chart of RCF ,
we can see that; after the failure of its retesting, It has shown a recovery in W pattern.
Let it retest the same Trendline.
Expected momentum is shown in chart.
