Cyber Monday saleUp to 70% OFF
RASHTRIYA CHEMICALS & FERTILIZRASHTRIYA CHEMICALS & FERTILIZRASHTRIYA CHEMICALS & FERTILIZ

RASHTRIYA CHEMICALS & FERTILIZ

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Seasonals Bonds

RCF trade ideas

RCF- one can take a ride to 140+ with multi year BO.RCF is currently witnessing multi year BO. the pattern which has been formed on the charts is double bottom which has been marked by me using "Blue" lines and the target is of 140+ which has been marked by me in "yellow" line. two bottoms have been formed in the bases where a parallel channel has been drawn to mark as "support". the neckline has also been marked with parallel channel can be called as a "resistance" once this is broken with huge volumes multi year high of 140 can be seen. the news are also in support of the company where by the document published by the company says that the company has crossed the revenue mark of 2000 crore+ with a growth of 114% as compared to pervious year. in general the market sentiment is bullish and so is the stock. thus one expect as per this chart pattern as multi year BO never fails.
NSE:RCF
by stockwizard22
RCF- Nearing Multiyear Breakout ZoneRashtriya 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 shareholders from past 10 years, however its currently trading at a interesting zone where above resistance zone this stock will be looked like a PE Rerating Candidate and analysts and fundmanangers in order to extract value in this overheated markets can look at RCF as a potential candidate. So this is a stock to keep on our radar and watchout for resistance zones. Breakout of this multiyear resistance zone it can become a potential play for rerating.
NSE:RCF
by StrategicAlpha
RCF - Mid/ Long Term BuyRCF 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 add more if and when its coming down. I will exit at a tgt about 40% up, but I am seeing it to reach a potential of 165-85 Rs. Let's see.:). Usual Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser. This is for a mid to long term investment only, its not a positional or an intraday trade
NSE:RCFLong
by theTradingSailor
6
Trendline Breakout in RCFDON'T HAVE TIME TO MANAGE YOUR TRADES? | Trendline Breakout in RCF - Take BTST trades at 3:25 pm everyday - Book profits within first 30 minutes of the market opening - Try to exit taking 3-5% profit of each trade - SL can be taken when 5/15 min candle close below 44EMA - SL can also be maintained as 1% or closing below the low of breakout candle Levels mentioned on the chart are calculated using Breakout Indicator Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Buy Today, Sell Tomorrow: RCF for more than 5%
NSE:RCFLong
by Kapil-Mittal
1