RCF- Leader Of Fertilser ThemeNSE:RCF
1.Stock Given Weekly Cup Handel Weekly Breakout
2.also formed Volume contraction pattern on daily timeframe
3. RCF: 110/12- Supply Zone and 14 Year Breakout ZONE
Closing Above 120 Good Rally Ahead
RCF trade ideas
RCF BREAKOUT WITH INVERTED H & S Go long with strict SL. Stock is above 200 Ema & does have potential to move 130
RCF Long at 102Initiated Long for RCF for 6 months to 1-year time frame
RCF made a cup and handle pattern, broken trend line and resistance, and retested and formed a green candle on daily TF.
Last resistance 112, once it is broken with volume and sustained for a week, can see next level 150 and then it 200+
It is a dividend-paying stock so I'm gonna accumulate it if any dip comes.
Fundamentals are good, though PSU stock expecting fertilizer stocks to perform in near to mid-term
RCF very bullish breakoutRCF has been consolidating in a tight range from last 1 year and it has finally managed to breakout of it with very heavy volumes.
If todays closing is above 92.5, RCF is a good positional trade for minimum targets of 100, 110.
RCF long opp above 100 if sustainRCF is looking good. Trying to BO after 1 year consolidation. Above 100 we can see rally or reverse from here as per RSI resistance and upper wick on last candle.
Rashtriya Chemicals & Fertilizers Ltd.*Rashtriya Chemicals & Fertilizers Ltd.*
Rouding Bottom Pattern: Monthly Basis (Price/Vol. BreakOut)
Cup & Handle Pattern: Weekly Basis (Price/Vol. BreakOut)
*Multi-Year Price Trendline BreakOut Possible. Good Upside THEN.*
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
PSU (75% stake: GOI). Engaged in Manufacturing/Marketing of Fertilizers/Industrial chemicals.
Improving Qtrly/Yrly Sales & Profitability.
Improving Leverage. Improving RoA/RoE/ROCE since FY18
Sharp Upside in Ops. Cash Flow. Better WC Cycle.
FII stake increasing since Mar'21
*Concern:*
Regulatory risks, Agroclimatic risks, Commodity price cycles, exchange fluctuations & potential reduction of import duty.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
RCF Weekly BOBreaking out from a weekly range Darvax box can go up to 110-120 levels can add in dips
For Long term if breaksoutA Good Triangle pattern in monthly Tf and a good consolidation at resistance, can give a potential breakout
RCF_Expecting good results, following price to 88RCF is in the same pattern as posted for GNFC -
Note: I bought RCF at 78.5 with SL 74.95.
RCF box breakout?p/e 8, intrinsic value 102, no excessive debt
wait for box breakout
for education purposes only
RCF Trade SetupEntry = 80.80
Stoploss = 79.10
Target 1 = 84.10
Target 2 = 88.80
Would take 5 to 15 Days to reach target
Rashtriya Chemicals And Fertilizers Limited (LONG)Good volume seen
taking support at 200 EMA
broken above resistance line and took support
Buy 71-72
SL 68
TGT 80 -87
please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your financial advisor before investing.
RCF (LONG)Good volume coming
support at 200 EMA
BUY near 68-72
SL 65
TGT 81 - 86 -88 - 100
Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing.
🐂 on RCF 1D*for educational purpose only. It's not a call do your analysis.
Stock has given breakout of triangle pattern. Take entry after first 15 minutes only after a 🐂 candle.
Watchlist Stock : RCFPrices have been range bound since last 10 weeks . Weekly Price closes has been in range of around 2%. Need to see follow through action on either side for confirmation.
RCF : Investment OpportunitiesBullish Above 90 Level 1 day close
Target 100, 130, 180+
SL: 78
Risk is yours and Reward is too yours totally
RCF ready to breakout from symmetrical triangleIt can breakout soon and reach 95 range. Stoploss should be below 78
RCF accumulation zone between Rs 80 to Rs 85RCF is in accumulation zone as long as it trades between 80 to 85. Use any dips to add more as shown in chart every correction between 21 and 50 EMA acted as support zone and offer good risk reward to those who accumulated this stock around this value zone. Do go all out, just keep accumulating in regular intervals to get the benefit of Rupee cost averaging. Any case keep strict SL at 75 daily closing basis.
