RKFORGERKFORGE: Looking Good
Triangle Pattern Breakout 610
Buy Above 600 Add Until 540 Stop-Loss 530
Target 650-700-750-800++
Positional Call
RKFORGE trade ideas
50 TO 100% UPSIDE. #RAMKRISHNAFORGINGS #learningideaanother potential stock that can move 50 to 100% upside from entry. i took the position long back, im here to just explain why i took position in this
One Right Trade's Swing Trade Idea #181 : Long on RKFORGE This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
RKFORGE Positional Buying setupAll levels are marked on the chart.
All Charts are for educational purposes. Non-advisory, discretional.
RKFORGE Long SetupRKFORGE is trading in the channel and breakout is imminent
I would buy at CMP for
T1 = 899
T2 = 949 and more
SL1 = 822.1
SL2 = 799
RK FORGINGS - A PERFECT BULLISH SETUPRK FORGINGS
CMP 850
Stop 720
Target 1200 plus
Monthly chart
1) Stock has completed a W pattern breakout last month with above average volumes. Rising leg of the W pattern has seen significant increase in volumes.
2) Stock has been consolidating this month as seen from low volumes and low volatility.
3) W pattern breakout accompanied with spike in RS above its MA and also other oscillator parameters in line (MACD etc.).
@CNBC_Awaaz NavRatna - Diwali to Diwali Stock @hemant_ghai@CNBC_Awaaz NavRatna - Diwali to Diwali Stock
Target 680
