nerdywasabi

RKFORGE Rectangle Consolidation Breakout

Panjang
nerdywasabi Telah dikemas kini   
NSE:RKFORGE   RAMKRISHNA FORGINS
#RKFORGE CMP 618

Stop Loss below 560
Multiple resistances broken in the range of 610 to 615
Breaking out of 4 month long rectangle consolidation/formation
Nice volume spurt
Positive breakout

May fire for an upside of 22% considering the rectangle mouth length

Disclaimer -

- The view expressed here are my personal views. I am publishing this for my own records and what I see on charts.
- If you're referring to this, please consider this ONLY FOR educational & research purposes.
- Past performance is not a guarantee for future predictions
- Any decision you take, you need to take responsibility for the same. DO NOT consider this as an investment suggestion.
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do your own analysis and consult your financial advisor before investing.

TIA!
Dagangan aktif:
Moving as per expectations. Post breakout, it did the retest and respecting 20 day EMA. I feel there is still some up-moves to come in this scrip
Dagangan aktif:
Good consolidation happening. An upmove may come post 670 levels

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.