RCF ltd - cmp 108
Fertiliser company stock that has breached monthly close of 110 (year 2007) and has sold around 134 levels.
Now trading again at 108 which is a very strong support for it.
Now volumes have dried up which is a sign of consolidation happening and it is not under the public eye.
From here it may again start upmove till 135-140 which is a resistance level and then go for 200 plus levels.
Thanks
Happy Trading !