SWING IDEA - RCF

Updated
MACD Cross is in play.
Volume has increased a lot this week.
1Y Beta is @ 1.78, which is very good for this stock.
This week could be your Entry week if stock retest levels mentioned on chart. Good change it might too.
Overall looks good till Swing High.
Note
Nearly 11% Profits booked currently.
Trade seems to be going exactly as expected.
MACD Cross is holding really well.
Could hit targets sooner than expected.
Keep a close eye.

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Trade closed: target reached
Trade Completed. Target Achieved.
Total 28% Profits booked.
Time Taken = 3 weeks & 2 days.

Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.

Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.

Follow for more such Ideas!
Comment any Stock that you want me to take a look into and share insights.

Kudos!!

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Note
Nearly 47% Up from our Entry.
Stock was locked in Upper Circuit today.
Congrats to those who are still holding this trade.

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Positive News: RASHTRIYA CHEMICALS & FERTILIZERS LTD recieve an order worth Rs. 514.55 Crore from M/s. Topsoe A/s.
Note
Total 62% up from our Entry Zone.

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News: Rashtriya Chemicals and Fertilizers Raises INR3 Billion via Bond Sale;
Beyond Technical AnalysisChart PatternsmacdcrossmacdcrossoverTrend Analysis

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