RCF trade ideas
20 Month Trading range brakeoutcup formation at 2018 high resistance also 20 Month accumulation seems to be completed .ultra high volume sign of smart money
seems markup phase about start.
RCF Good to Long NSE:RCF
Good to keep on the radar as it will help to decide market direction
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer -
SEBI UNREGISTERED
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
Multi- Year Breakout possibility in RCF.This is the monthly chart of Rashtriya chemical and fertilizers .RCF has been in a range for many years-now. Currently inching towards it all time high. The fertilizer sector is also in a booming phase. If it breaks out of this range, it can be a potential multi-bagger stock. Keep this in your radar.
#Rcf cash : Looks good around 100-102#RCF Cash-Positional call
25. AUG 2022
Looks good around 100-102
and dips 92-94
Target 140/195 in 6 months
Cmp 102-103
RCFretest and breakout from long term resistance trendline. hug volume upmove. fertilizer sector moving up. seems long way to go upward.
LONG TRADE : RCF LTD ANALYSISNSE:RCF
RCF LTD Broke its weekly resistance line and trading at the previous swing high level.
All essential levels are marked on the chart.
"If you would like any more information feel free to DM me"
happy trading & keep learning.
RASHTRIYA CHEM & F CHART ANAYLASISRashtriya 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. The company was founded on March 6, 1978 and is headquartered in Mumbai, India
Just take try when markets are in favour of bull, min 50 % RCF- Just take try when markets are in favour of bull.
RCF BULLISH POSITIONAL TRADERCF Bullish Setup formation.
LTP Rs 80.
One may acquire 50 % position at RS 80 & Average 50 % at RS 75.
SL RS 70.
RCF MAY TOUCH 112 Wave 4 Is Running And Wave 5 May End At 112. Russia Cater To Around 13 % Of Global Demand For Fertilizers. Under Current Circumstances, There Is Good Opportunity For Rcf Export Market.
RCF W TFRCF is looking good at monthly time frame already given breakout of 14 years All details are in chart
Long term view ,if india experience bull run it will boom in 2 years if not then 5-7 years
RCF Big BreakoutRCF Biggest trend-Line Breakout happen 13 years
Don't miss the opportunity
Target is bigger than you think
(Not sebi registered)
RCF Biggest trend-Line Breakout RCF 13 years Biggest trend-Line Breakout happen
Don't miss the opportunity
Target is bigger what you think
(Not sebi registered)
RCF break out, pull back and bounce1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Largest weekly price spread
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
after consolidation since may 2021, on 29th March NSE:RCF gave a high volume breakout. Today at pulled back to the support of Rs.88.50 and is currently trying to cross the previous day high of Rs.93.70. If he successfully bounces back above Rs.93.70 it will be a good buy with a stop just below Rs.87.50.
Why are fertilizer stocks in demand?
Shares of fertilizers companies have been in demand riding the commodity boom, more so after the start of the Russia-Ukraine conflict. According to reports, prices of three main types of nutrients have been rising for several months on the back of supply shortages and high energy prices. Recently, the government had permitted fertilizer companies to raise output of urea manufacturing units beyond installed capacity, in order to meet shortfall.
RCF fundamentals:
Company has reduced debt.
Stock is providing a good dividend yield of 3.35%.
Company has been maintaining a healthy dividend payout of 50.47%.
Debtor days have improved from 140.73 to 63.89 days.
Debt to equity at 0.50 (less than 1 is good) and Interest Coverage at 7.46 (greater than 3 is good).
RCF LOOK GOOD FOR 190+#RCF (POSITIONAL PICK)
CMP 104.10
TGT 114, 127, 144, 192
SL 64.6
Risk Reward (RR) - 1:2.25
Potential Returns : 84%
Potential Loss: 37%
Time Frame: 6 Months
Upside Potential In Rashtriya ChemicalsRashtriya Chemicals has breached 52-week high. It has broken past long-term (~1 year) resistances levels between 87 and 89.
The stock is also doing well fundamentally, as indicated by the rally of other fetilizer stocks. I expect the stock to hit about ~110 in the next 2 weeks. I would book profit at about 105
Disclosure: This is not a recommendation. I am an early trader and have limited exposure to this stock.
SWING TRADE : RCFLooks good now, Target 98/110
SL : 80
R&R is good
Disclaimer: This is educational purpose only. This is purely my personal view, please trade at your own risk.
Could be another rocket of the FY23! Keep On radar!Not SEBI registered. Charts produced are for personal reference only and not any recommendations.
RCF LongNSE:RCF
Weekly breakout..
Closed above center line of channel..
Can be bought at cmp 80.55 for tgt 86.5-99-110.35
SL below 74 weekly candle closing basis..
*for educational purpose only
