Get started
RAMKRISHNA FORGINGS LTDRAMKRISHNA FORGINGS LTDRAMKRISHNA FORGINGS LTD

RAMKRISHNA FORGINGS LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

RKFORGE trade ideas

Darvas Box Strategy - Breakout Stock Disclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only. Stock has given break out. Buy above high. Keep this stock in watch list. Buy above the High and do not forget to keep stop loss, best suitable for swing trading. Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:1 & 1:2. Stop loss can be Trail when it make new box. Be Discipline, because discipline is the key to Success in Stock Market. Trade what you See Not what you Think.
NSE:RKFORGE
by AnsariTV
SWING IDEA - RK FORGINSRK Forgings , a key player in the forging industry, is showing technical indicators that suggest a promising swing trade opportunity. Reasons are listed below : 850 Resistance Turned Support : The 850 level, previously a strong resistance, has now turned into a robust support level, indicating a potential floor for the stock price. Bullish Engulfing Candle on Daily Timeframe : The recent formation of a bullish engulfing candle on the daily chart signifies strong buying pressure and potential for upward movement. 50 EMA Support on Daily Timeframe : The stock is finding support at the 50-day exponential moving average, reinforcing the bullish sentiment and providing a reliable support level. 0.382 Fibonacci Level Support : The price is bouncing off the 0.382 Fibonacci retracement level, suggesting a healthy pullback and resumption of the uptrend. Volume Spike : A noticeable increase in trading volumes confirms the strength of the price move, indicating strong investor interest and participation. Target - 1000 // 1100 Stoploss - Daily close below 810 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:RKFORGELong
by Visionary_Growth_Insights
Ramkrishna Forgings LtdTargets open Entry zone 828 - 850 levels SL - Trendline support Fundamentals Market Cap ₹ 16,255 Cr. Current Price ₹ 899 High / Low ₹ 930 / 428 Stock P/E 47.6 Book Value ₹ 148 Dividend Yield 0.22 % ROCE 18.7 % ROE 17.0 % Face Value ₹ 2.00 Price to book value 6.06 Intrinsic Value ₹ 396 PEG Ratio 2.05 Price to Sales 4.11 Debt ₹ 1,207 Cr. Debt to equity 0.45 Int Coverage 4.03 Reserves ₹ 2,648 Cr. Promoter holding 43.2 % Pledged percentage 5.77 % EPS last year ₹ 18.9 Net CF ₹ 129 Cr. Price to Cash Flow 26.2 Free Cash Flow ₹ 34.3 Cr. OPM last year 21.2 % Return on assets 7.56 % Industry PE 34.3 Sales growth 23.9 %
NSE:RKFORGELong
by madhu2811
RKFORGE - BULLISH SetupStock name - Ramkrishna Forgings Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Master Score - B Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
NSE:RKFORGELong
by tanwartarun50
Channel breakout on RKFORGERKFORGE broke out of channel pattern on daily chart. Multiple support and resistance were tested prior to breakout. Also the breakout candle is a bullish engulfing breakout candle that engulfed prior three trading session candles. Moreover the volume on breakout day was huge. This indicates bulls are out here in force. Stop loss can be held just below the resistance line with target the width of the channel. Entry can be had just above todays high. Risk reward on this trade is not great. You could aim for 1:1.5 or 1:2 depending on how the trade goes. Hope you like this idea. If you like please boost this idea or leave a comment below on what you think. Otherwise, happy trading :-).
NSE:RKFORGELong
by digijagan
SWING IDEA - RAMKRISHNA FORGINSConsider a compelling swing trade opportunity in Ramkrishna Forgings Limited , a leading manufacturer of automotive components in India, catering to both domestic and international markets. Testing Strong Resistance Zone : The price range of 750-770 has been tested multiple times and is currently attempting to breach it, indicating potential bullish momentum. Bullish Engulfing Patterns : Bullish engulfing candlestick patterns observed on both the weekly and daily timeframes signal strong buying momentum and potential upward movement. Trading at All-Time High : Ramkrishna Forgings is currently trading at its all-time high, indicating strong bullish sentiment and potential for further gains. Trading Above 50 and 200 EMA : The stock is trading above both the 50 and 200 Exponential Moving Averages (EMA) on the daily timeframe, confirming its bullish bias and potential for trend continuation. Volume Spike : A significant spike in trading volumes reflects increased market interest and potential accumulation by investors, adding confirmation to the bullish thesis for Ramkrishna Forgings. Target - 860 // 945 Stoploss - daily close below 700 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:RKFORGELong
by Visionary_Growth_Insights
4