RCF 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...
This analysis is purely based on price action and Chart Patterns.
The analysis is on daily TF hence target can be achieved in couple of days to weeks.
As can be seen from the charts, price has been in consolidation phase for some time. But Look at the volume candles. It clearly shows the high accumulation being done.
Actual Breakout from the resistance is yet...