RCF: Breaking out with strong sectoral movement

Rashtriya Chemicals & Fertilizers Ltd

PC-B1=PC-B2
#WondersOfPC

Technicals:
• Strongly Breakout Bigger channel, PC-A at 104
• Crossing strongly above recent Resistance of R1 & R2
• Taller green towers in volume
• RSI is in Bullish Zone
• Relative Strength is in green
• Strong upside move in Fertilizer Sector

Levels for position:
Entry: 110-115 levels
ST Target: 1st 130, then 150
SL on closure basis: 104.45