RCF seems fundamentally strong - again its in chemical sector.
Also presently showing a good consolidation.
High potential to give a strong breakout and continue in that direction.
Keeping an SL below 67 Rs, I have started to build my portfolio in this stock. I have already bought about 40% of my fund allocated for this stock. Currently my buy avg is 82. Will add more if and when its coming down.
I will exit at a tgt about 40% up, but I am seeing it to reach a potential of 165-85 Rs.
Let's see.:).
Usual Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
This is for a mid to long term investment only, its not a positional or an intraday trade
Also presently showing a good consolidation.
High potential to give a strong breakout and continue in that direction.
Keeping an SL below 67 Rs, I have started to build my portfolio in this stock. I have already bought about 40% of my fund allocated for this stock. Currently my buy avg is 82. Will add more if and when its coming down.
I will exit at a tgt about 40% up, but I am seeing it to reach a potential of 165-85 Rs.
Let's see.:).
Usual Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
This is for a mid to long term investment only, its not a positional or an intraday trade
Operación activa:
Avg Buy presently 82. (Will add more when coming down)
Comentarios:
I am still holding RCF.
Present bearishness is news based coz of war (is what I believe, I may be wrong)
Present bearishness is news based coz of war (is what I believe, I may be wrong)
Added more @ 71.
Presently Avg buy 75.6 Rs
SL and TGT still same view