RCF | 30% Target | Ascending ChannelAll information given is only for educational purposes. I am not a SEBI Registered analyst. Please consult your financial advisor before investing.
RCF trade ideas
Swing TradingThis Stock is Near Breakout and also looking Bullish conversion if tomorrow Closing price is higher than Rs 144 then TGT will be 155-160 with SL of 138.( Before buying this stock please analysis self & also check financial of this Stock ). I am not a market researcher or not market analyst.
RCF Bullish; above 142 on Tuesday 17 Oct. The above information does not constitute financial/investment/trading advice or recommendation and it is purely for educational purpose.
Swing Trading Strategy:
One may enter into a position only upon stock closing above the entry price on day closing basis and hold on for 5/10 trading sessions for larger gains
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
RCF BUY 121 TGT 130after a good consolidation stock has given weekly daily breakout with good volumes.
RASHTRIYA CHEM & FERT - 65% RETURNS!!!BUY - RASHTRIYA CHEMICALS AND FERTILIZERS
CMP - Rs. 102
Target - 1: Rs. 135
Target - 2: Rs. 154
Target - 3: Rs. 170
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Technicals - Bullish Flag nearing BO
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This is just a view by an expert analyst, please invest at your own risk.
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RCF - Continuation Diamond (Bullish)On Daily-Chart of Rashtriya Chemicals & Fertilizers Ltd , a bullish continuation pattern known as a broadening pattern or diamond pattern has been formed. This pattern typically occurs during a downtrend and consists of price movements creating higher highs and lower lows, forming a widening or broadening shape.
As the pattern progresses, the range between the highs and lows narrows, indicating a potential consolidation or indecision in the market. However, when the price breaks out above the upper boundary line of the diamond pattern, it suggests a continuation of the prior uptrend. This breakout is seen as a bullish signal, indicating that buyers have gained control and the upward momentum is likely to resume.
It's important to note that technical analysis patterns are subjective and should be used in conjunction with other indicators and analysis techniques for more accurate predictions. It's always recommended to conduct thorough research and analysis before making any trading or investment decisions.
Note for everyone who came across this reference:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
RCF Triangle BreakoutRCF breaks out of Triangle pattern on 1D timeframe with higher volumes. It is apparently retesting its trendline. Enter after bullish confirmation.
RCF Cmp 116.25 Triangle BO, Volume BORCF Cmp 116.25 dated 5-7-2023
1. Ascending Triangle BO @ 117
2. RSI Divergence
3. Higher Lows
4. Volume BO
Buy above 117.50 target 125-130-135-140 SL 108
It is just a view, please trade at your own risk.
RCF is near strong resistance breakout Breakout above 117
RCF will be 141, 175+
SL : 100
Risk is yours and Reward is too yours totally
Time Frame : 1 year
Logic: Rounding Bottom Pattern
RCF - Weekly AnalysisIn the Weekly Chart of RCF ,
we can see that; it is getting rejection at Cup & Handle,
Also, much selling is not happening ate Cup & Handle breakout Trendline.
Try a Simple 1:10 Trade with an Entry at 110 and SL as 107.
Book Profits at 140 and exit.
BreakOut from Cup&Handle formation and support* Cup & Handle
* Breakout from contra trendline
* Decent volumes
* RSI just crossing 50
* Support taken (handle) at 101.40
* Targets 1. 115
2. 130
3. 140
* Stop Loss 99.50
* Monsoon period. High activity and focus.
* Good R:R
RCF : Bullish Head & Shoulder Pattern The stock is looking very promising if sustain above 115.
A Bullish inverted Head & Shoulder is clearly visible with rising volumes.
Buy RCF @ Above 104"Delivery Idea 18-05-23
RCF (CMP: 104)
Buy Price: 104
SL Below: 102.5
Target: 115"
RCF - Reverse Head & Shoulder PatternRCF has formed Reverse Head & Shoulder Pattern after long down trend. Can be added at current level around 110 with target of 125 and set SL at 103. This gives us risk to reward ratio of 2.17.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
rashtriya chemical good for swing trade.it is making.....
head and shoulder
cross 200 ema
retest after breakout
This is not a recommendation to buy/sell. Do your own analysis.
BEL - Reverse Head & Shoulder PatternBEL has formed Reverse Head & Shoulder Pattern. Can be added at current level around 104 with target of 112 and set SL at 102. This gives us risk to reward ration of 2.28.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
RCF INV H & S BREAKOUT # RCF
1. Inverse H & S pattern
2. Price is respecting Horizontal S & R zones
3. TL BO
4. 50 EMA BO & Retest
5. Volume is above average
6. Close is above PDH 105.20
7. Close is above LMH 106.45
* Educational purpose only *
RCF is at best place to go long with small riskReasons:
1. downtrend channel breakout and first pull back
2. Risk to reward is extraordinary
3. Major trend is bullish
RCF - The Boring CompounderIf you want to make money in stocks chose boring if you want excitement travel to a casino
RCF has broken out of decade long triangle & rise from Covid bottom is a clear impulse & this stock has already started Wave 3 so a 10% risk from here gives us a target of 300% rise a good RR trade.
I am not a SEBI Registered analyst charts shared for education purpose.
Bullish Strong stock:-
. Strong on 1 week And 3 months.
. High volume than 21 days average.
. Above 200 moving days EMD.
. Near 20% to 52 week high or all time high.
. Outperform nifty.
. Open interest needs to buildup in last 3 months data.
RCF - DAY CHART - 28.12.2022 - BAHAVAN CAPITALRASHTRIYA CHEMICALS & FERTILIZERS as per Day Chart Analysis
ABOVE 137 TARGET 140
For the last four sessions FII had been selling and DII only in Marginal Buying.
Hence tomorrow being month end expiry trade safely....
Happy Profitable Trading to All.
Advance Happy New Year 2023 wishes to all....
