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.
RCF giving Breakout From Descending Triangle Can BUY At Cmp With SL of 74
*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.
Prices 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.
Bullish Above 90 Level 1 day close Target 100, 130, 180+ SL: 78 Risk is yours and Reward is too yours totally
It can breakout soon and reach 95 range. Stoploss should be below 78
RCF EQUITY levels ...01/07/2021 (D candle)
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...
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...
RCF: I am not sure whether it is Ending Diagonal (Falling ) of Motive wave OR Descending triangle of of corrective wave( seems like this is correct since I can see 3:3:3:3: zigzag). In either way, price is reaching PRZ. Watch out and go long !
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...