RKFORGE FROM 300 TO 770+Hello friends one of my Breakout Stock giving 150% returns in few months.
Great analysis
RKFORGE trade ideas
RKFORGE FROM 300 TO 770Hey friends
One of my Breakout Stock now giving 150% + returns in few months
Great analysis
RKFORG TARGET 866 STOP LOSS 660The script is a very good retracement from the day candlepin bar of support 663. And also a very good uptrend in day candles from the support of 627. Possible to break the day consolidation resistance of 745? If it sustains above in day open and close of resistance 745 it will reach the target of 866. Q2 result is good.
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 price rising trendRKFORGE :-
TIME Frame : Weekly
1. AB=CD pattern running
2. Broken resistance at 286 298
3. Price Rising trend with positive volume buildup
4. Support at 245 248
IDEAs :- Buy in dip with stop 245 for upside 324 348 375+++
View only for Education purpose.
RAMKRUSHNA FORGFINS--BOX BREAK OUT
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
RKFORGE TARGET 478RKFORGE is under a strong uptrend. Possible to break out an uptrend channel with a strong volume increase. If it opens above 416 and sustain above 439 in day time frame it will reach the first target of 478 and second target of 522
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
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
Trendline Breakout in RKFORGE
BUY TODAY SELL TOMORROW for 5%
Buy Ramkrishna ForgingBuy Ramkrishna Forging (NSE:RKFORGE)
Buy Range- 337 - 342
Target- 368 - 372
StopLoss- below 325
Potential Return- 8-10%
Approx trade duration 14 - 15 days
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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RK FORGINS--BUY~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
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!
RK FORGE | Parallel channel> RK FORGE
> Chart analysis of RK forge
> Parallel channel
> Target after breakout can be till upper resistance
// This post is for educational purpose //
RK forgings for positional Please note this is for education purpose only.please do own research before you take a trade.
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.
Trendline BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
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
Buy Today, Sell Tomorrow: RKFORGEDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the 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
Trendline Breakout in RKFORGE
Buy Today, Sell Tomorrow: RKFORGE
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.
