Technical Breakout Stocks! How to trade RCF, FACT and Chambal Fertilisers on Thursday – Market Summary

Technical Breakout Stocks! How to trade RCF, FACT and Chambal Fertilisers on Thursday – Market Summary

Chambal stock is approaching the breakout zone of a rounding pattern on a weekly time frame. Two major tops 485 and 516 will act as a resistance, but looking at technical indicators like RSI, Stochastic and MACD along with increasing volumes suggests a high probability of breakout. Expected targets on break out would be 650 … Read more

RCF shares jump 5% after this PSU fertilizer company gets ‘Navratna’ status

RCF shares jump 5% after this PSU fertilizer company gets ‘Navratna’ status

The state-run company which has a market capitalisation of Rs 7,031.26 crore informed about the development in its filing to the exchanges on Tuesday. The price action was accompanied by high volume action as over 1.20 crore shares traded on the NSE at 12:15 pm. The stock has rallied by over 17% in the last … Read more