RCF - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.7

Here’s a detailed technical analysis of Rashtriya Chemicals and Fertilizers Ltd (RCF)

📊 Trend Overview

Current Trend: RCF is in a neutral phase, trading right at both its 50-DMA and 200-DMA (₹153), indicating indecision and lack of strong directional momentum.

52-Week Positioning: At 52.5% of its 52-week range (₹108 – ₹195), the stock is mid-range, suggesting consolidation after a prior uptrend.

📈 Momentum Indicators

RSI (50.1): Neutral. Neither overbought nor oversold, indicating balanced momentum and awaiting a directional trigger.

MACD (0.41): Slightly positive, suggesting early bullish crossover but not yet strong momentum.

Volume: Current volume (9.81L) is below the 1-week average (14.24L), indicating reduced participation and lack of breakout conviction.

📉 Chart Patterns & Moving Averages

Price Action: The stock is consolidating around its moving averages, forming a sideways channel between ₹145 and ₹160. A breakout above ₹160 would signal trend continuation.

Support Levels

₹150 – psychological support and recent swing low

₹140 – prior demand zone

Resistance Levels

₹160 – short-term resistance zone

₹175–₹180 – previous breakdown zone

📌 Bollinger Bands

Price is near the middle band, with bands narrowing. This reflects low volatility and a potential squeeze setup—watch for volume expansion to confirm direction.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 148–154 Near support and consolidation base

Exit (Short) 160–165 Resistance zone, potential profit booking

Exit (Long) 175–180 If breakout sustains above ₹165

🔍 Market Behavior

Trending: No, currently range-bound.

Consolidating: Yes, price is oscillating between support and resistance.

Reversing: Not yet. MACD is mildly positive; RSI is flat.

🧠 Summary

RCF is technically consolidating with neutral momentum. Price action near moving averages and subdued volume suggest indecision. Traders may consider accumulating near ₹148–₹154 with tight stop-losses and watch for a breakout above ₹160 for confirmation of trend continuation toward ₹180.

Let me know if you'd like to compare RCF with other fertilizer or PSU sector stocks.

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