RiderTrader

RCF - Multiple Breakouts

Long
NSE:RCF   RASHTRIYA CHEM & F
As on 17-06-2021

Accumilation of 3 modes of breakout on a single price

0.618 breakout @ 90

Asc Triangle Breakout @ 90

Triangle Breakout ( RED ) @ 90 as major resistance in order to avoid false breakout

Darvas Box Breakout @ 90

Target usually is height of triangle @ 17 points however,

105 lvls - 111 lvls was the previous high in 2018 . acting as a resistance
Therefore,
First Target @ 100 - 104

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