RCF trade ideas
RCF looks good for 240++Seems like stock got support at 215 levels
can bounce back to resistance area240
target 240++
stoploss 200
vol avg now
needs a good volume for rally(expects)
agro chem theme
Rashtriya 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.
SWING IDEA - RCFMACD 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.
RCF GIVES BRAKEOUT ON DAILY CHARTNSE:RCF
RCF GIVES BRAKEOUT ON DAILY CHART.
I am buying some quantity of Rcf on price 230 and i will bought some quantity on 218.
i will follow SL of 180
and i will set my target on 295,310.
i think in next 1 month i will get my targets.
RCF BUYRCF BUY VIEW
TRADE REASON :
1)MONTHLY - Uptrend Correction Completed
2)DAY - Trend Reversal
Entry - 147.50 Rs
Target - 180.95 Rs
Stoploss - 118.40 Rs
Happy Trading .
RCF GIVES BRAKEOUT ON DAILY CHARTNSE:RCF
RCF Gives brake out on daily chart.
Buy Near 170
Sl 148
Target 212
Time duration 1 month
Risk Reward Ratio ---- 1 : 2
Profit on capital Ratio ---- 20%+
RCF BRAKEOUT ON DAILY CHARTNSE:RCF
RCF gives double brake out daily chart.
Buy price 154
Sl 140
Target 185
Trendline Breakout RCF ready to break the trendline on weekly chart if closes above 163. Short term targets will be 170,185,190. Keep in radar. Entry only if weekly closing above 163.
Elliot's impulsive 5-wave formation with trendline support #Freshview Dt 25.04.2024
#RCF CMP 150+
Weekly chart
Elliot's impulsive 5-wave formation with trendline support
Accumulate in SIP
Price Momentum
120-136-152-164-186-216-230+
Hope for the best.
Stay Connected
#TEJGYAN
Swing and positional trade (educational prupose only)Stoc has given multiyear break out and now restesting its breaout on monthly time frame.
For positional trade : target could be as high as 50 to 60% ( beware it will not go up in straight line, ther will be ups and downs)
For Swing : Target around 200 approx
Two ways to plan trade :
1 stock has given 50 EMA breakout and retested level. You can buy at high of retest candle
2. Its following upword channel and currenly at bottom of the channel. Target could be arounf 200 (upper intersection of the channel)
Please do your own due diligence. Cheers !!!
RCF - GO LongCompany has given the Monthly and Weekly BO and is ready for the further momentum. Stock can be traded based on swing analysis. Fundamentals are ok not like Deepak Fertilizer
RCF MONTHLY CHARTRCF MONTHLY CHART
Ellipse breakout @ 133 MOB 225-235
This stock has broken out of its monthly ellipse @ 133, Target projected as seen by MOB.
Note : Ellipse is calculated by combination of technical studies. MOB levels too are technical studies.
Its only an observation & not any suggestion.
15 years breakout#RCE
• monthly chart analysis
• budget session: this stock is in focus
• breakout 2008 high level
• 15-year breakout in chart
• 2008 volume build-in chart but global crisis hit stock badly
• ascending triangle pattern breakout
• 2022-2023: massive volume in chart
• this volume helps to breakout chart 🐂
• Target and Stop losses mentioned in chart
• we never recommend buying and sell any charts and this stock is also
• More, please check the chart all mentions in that
RCF Ready to Rally?Simple analysis No Confusion! I have marked levels and targets on charts and i hope they are self explanatory, looking at the volume build up in this scrip it should easily close above 151.95(monthly time frame candle).
Looking at the financials of this scrip, RCF had significantly reduced their Debts from past few years, this looks very attractive for investors and as per price action and Volume build up this stock and easily rally above the levels marked in the chart, its looking good for short term investment for a period 1 to 1.5 years.
Analyze as per your view and invest accordingly for best returns.
rcf Indian government seeks parliament's approval to spend additional 133.51 billion rupees ($1.60 billion) for fertiliser subsidy for current fiscal year
** Additional fertiliser subsidies to raise the total subsidy for fiscal 2024 by 8% year-on-year to 1.88 trillion rupees
** Rise in subsidy will likely help fertiliser companies' volume growth
RCF SWING TRADE IDEARCF ascending broadening channel and all time high breakout done today with strong bullish candle and gud volume bar can play this for swing trade with gud RR.
RCF SWING TRADE IDEARCF gave aits all time high breakout today with gud volume bar as well as strong bullish candle can plan for swing trade with RR.
RCFSeeking a breakout spanning multiple years, I'm fully committed to this opportunity. Anticipate potential movements commencing today, and the probable movement dates are also mentioned in the chart
First installment now and the second immediately after it breaks out of the trendline
SL below 130
Rashtriya Chemicals & Fertilizers Ltd
Breakout after long consolidation - Stop Loss @108 - Target open to sky
FUNDAMENTALS
Market Cap
₹ 7,572 Cr.
Current Price
₹ 137
52 W High / Low
₹ 146 / 89.5
Stock P/E
17.7
Book Value
₹ 85.3
Dividend Yield
3.87 %
ROCE
21.2 %
ROE
21.2 %
Face Value
₹ 10.0
Promoter holding
75.0 %
EPS last year
₹ 17.5
EPS latest quarter
₹ 0.92
Debt
₹ 2,298 Cr.
Pledged percentage
0.00 %
Net CF
₹ -1,088 Cr.
Price to Cash Flow
9.62
Free Cash Flow
₹ 402 Cr.
Debt to equity
0.49
OPM last year
6.91 %
OPM 5Year
6.96 %
Reserves
₹ 4,155 Cr.
Price to book value
1.60
Int Coverage
4.03
PEG Ratio
0.28
Price to Sales
0.40
Sales growth 3Years
30.3 %
Profit Var 3Yrs
48.6 %
RCFPSU Fertilizer sector on radar ⚡
Buy at 131 level huge volume seen in fertilizer sector
Target 146 +
Rashtriya Chemicals and FertilizersKeep an eye on NSE:RCF
Stock approaching buy zone for correction.
