RK Forgings Short Term Trade

6월 6일

The area around 575 is a strong support on daily and weekly chart (long term support),
In the last four months, the stock has bounced off from around this level with a rise in volume,
every time higher than the previous,
A triangular pattern is also visible , having formed during this period, and now a small rectangular pattern is also visible,
A breakout through all of these has occurred today
Thus, for a short term trade,
tgt 711, sl 629

6월 17일

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