RCF - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.8
| Stock Code | RCF | Market Cap | 6,656 Cr. | Current Price | 121 ₹ | High / Low | 167 ₹ |
| Stock P/E | 21.4 | Book Value | 89.3 ₹ | Dividend Yield | 1.09 % | ROCE | 7.47 % |
| ROE | 5.00 % | Face Value | 10.0 ₹ | DMA 50 | 129 ₹ | DMA 200 | 141 ₹ |
| Chg in FII Hold | 0.19 % | Chg in DII Hold | 0.08 % | PAT Qtr | 81.4 Cr. | PAT Prev Qtr | 106 Cr. |
| RSI | 45.2 | MACD | -3.74 | Volume | 23,84,470 | Avg Vol 1Wk | 54,30,822 |
| Low price | 108 ₹ | High price | 167 ₹ | PEG Ratio | -0.79 | Debt to equity | 0.56 |
| 52w Index | 22.2 % | Qtr Profit Var | 2.16 % | EPS | 5.69 ₹ | Industry PE | 17.9 |
📊 Chart Analysis: RCF is trading below both its 50 DMA (129 ₹) and 200 DMA (141 ₹), indicating weakness. RSI at 45.2 suggests neutral-to-weak momentum, while MACD at -3.74 confirms bearish divergence. Bollinger Bands show price leaning towards the lower band, reflecting selling pressure. Current volume (23,84,470) is significantly below average (54,30,822), showing reduced participation.
📈 Momentum Signals: Short-term momentum remains weak. RSI above 40 suggests the stock is not oversold, but MACD remains negative, limiting upside potential.
💰 Entry Zone: 115 ₹ – 121 ₹ (near support levels).
📉 Exit Zone: 128 ₹ – 132 ₹ (resistance near 50 DMA).
🔎 Trend Status: The stock is consolidating with bearish bias, showing potential reversal only if price sustains above 129 ₹ with stronger volume.
Positive
- FII holdings increased (+0.19%) and DII holdings also rose (+0.08%), showing institutional support.
- EPS at 5.69 ₹ reflects consistent profitability.
- Dividend yield of 1.09% provides modest income support.
Limitation
- Stock P/E (21.4) is higher than industry PE (17.9), suggesting overvaluation.
- ROCE (7.47%) and ROE (5.00%) are relatively weak, showing inefficient capital usage.
- Trading below both 50 DMA and 200 DMA, signaling weakness.
Company Negative News
- Quarterly PAT declined (81.4 Cr vs 106 Cr), showing earnings pressure.
- Stock corrected significantly from 52-week high (167 ₹ to 121 ₹).
Company Positive News
- Quarterly profit variation (+2.16%) shows slight improvement compared to prior performance.
- Institutional buying support from both FII and DII increases confidence.
Industry
- Industry PE at 17.9 indicates relatively cheaper valuations compared to RCF’s higher P/E.
- Sector outlook remains stable with fertilizer demand supporting growth.
Conclusion
⚠️ RCF is currently in a bearish consolidation phase. Entry is favorable near 115–121 ₹ support with a strict stop-loss. Exit should be considered near 128–132 ₹ resistance. Long-term investors may wait for confirmation of reversal above 129 ₹ with stronger volume before adding positions.