Long RKFORGINS after breakout📈See the chart, keep it clean. See the chart, keep it clean. See the chart, keep it clean. See the chart, keep it clean.
RKFORGE trade ideas
Setting up Nicely
RKFORGE
+ Strong Prior Uptrend followed by a good base
+ Good Volume Buildup
+ Trading above Key EMAs
+ 5 IBs with decreasing Volume
-: Not a Buying recommendation
RAMKRISHNA FORGINGS READY TO FORGE COLOSSAL RETURNSThe stock has been in a unstoppable rally which persisted for quite long and gave more than 200+% returns however lately the stock has consolidated and i think this is the calm before the storm it can start another dream rally . immediate and near term targets for the stock can be 1000 levels however in the long run it has more hidden potential
RK Forge is Looking Very Strong Momentum Is High -ready to break upper trendline with volume
-rsi already broken trend
- strong reversal candles from lower support zone
-keep in radar it can give decent return
RAMKRUSHNA FORGINS--LONG~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.
Ramkrishna Forging This is the analysis of Ramkrishna Forging.
The stock has come to limelight after reporting good quaterly report and an outstanding performance over past few weeks.
The details of the analysis as follows:
CMP- 768
Target- 800
Stoploss- 735
Duration- 2-3 weeks.
let me know what you think.
RKFORGE FROM 300 TO 770+Hello friends one of my Breakout Stock giving 150% returns in few months.
Great analysis
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.
Please give a like, share & subscribe for daily analysis.
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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