RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of RCF.NS
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Rashtriya Chemicals and Fertilizers Ltd stock upgraded from Sell Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Rashtriya Chemicals and Fertilizers Ltd stock price gained 0.431% on the last trading day (Thursday, 28th Mar 2024), rising from ₹127.70 to ₹128.25. During the last trading day the stock fluctuated 2.82% from a day low at ₹127.65 to a day high of ₹131.25. The price has risen in 6 of the last 10 days and is up by 6.56% over the past 2 weeks. Volume fell on the last day by -1 million shares and in total, 2 million shares were bought and sold for approximately ₹291.34 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -27.55% during the next 3 months and, with a 90% probability hold a price between ₹80.77 and ₹104.77 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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RCF.NS Signals & Forecast

There are mixed signals in the stock today. The Rashtriya Chemicals and Fertilizers Ltd stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at ₹141.15. On a fall, the stock will find some support from the short-term average at ₹127.74. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Wednesday, March 13, 2024, and so far it has risen 6.56%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Rashtriya Chemicals and Fertilizers Ltd stock

Rashtriya Chemicals and Fertilizers Ltd finds support from accumulated volume at ₹127.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹3.60 between high and low, or 2.82%. For the last week, the stock has had daily average volatility of 3.20%.

Our recommended stop-loss: ₹122.60 (-4.41%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (RCF.NS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Rashtriya Chemicals and Fertilizers Limited to open at ₹129.05, and during the day (based on 14 day Average True Range), to move between ₹122.35 and ₹134.15, which gives a possible trading interval of +/-₹5.90 (+/-4.60%) up or down from last closing price. If Rashtriya Chemicals and Fertilizers Limited takes out the full calculated possible swing range there will be an estimated 9.21% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹127.70 (0.43%) than the resistance at ₹146.30 (14.07%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Rashtriya Chemicals and Fertilizers Limited stock A Buy?

Rashtriya Chemicals and Fertilizers Ltd holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.796 Hold/Accumulate Upgraded

Predicted Opening Price for Rashtriya Chemicals and Fertilizers Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹129.05 ( 0.624%) ₹128.25

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for RCF.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 132.65 3.43 %
R2 131.27 2.36 %
R1 130.43 1.70 %
Current price: 128.25
Support S1 127.67 -0.448 %
S2 126.83 -1.11 %
S3 125.45 -2.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 159.50 24.37 %
R2 148.65 15.91 %
R1 146.30 14.07 %
Current price 128.25
Support S1 127.70 -0.429%
S2 127.65 -0.468%
S3 120.35 -6.16%

RCF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 13, 2023 Dec 13, 2023 Dec 13, 2023 ₹0 0%
2 Dec 15, 2022 Dec 15, 2022 Dec 15, 2022 ₹4.10 2.91%
3 Nov 24, 2021 Nov 24, 2021 Nov 24, 2021 ₹1.35 1.81%
4 Oct 20, 2021 Oct 20, 2021 Oct 20, 2021 ₹1.78 2.21%
5 Feb 17, 2021 Feb 17, 2021 Feb 17, 2021 ₹1.20 2.26%

FAQ

What is the symbol for Rashtriya Chemicals and Fertilizers Limited Stock and on which exchange is it traded?
The symbol for Rashtriya Chemicals and Fertilizers Limited is RCF.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell Rashtriya Chemicals and Fertilizers Limited Stock?
Rashtriya Chemicals and Fertilizers Ltd holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Rashtriya Chemicals and Fertilizers Limited Stock?
Rashtriya Chemicals and Fertilizers Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Rashtriya Chemicals and Fertilizers Limited Stock.

What's the current price of Rashtriya Chemicals and Fertilizers Limited Stock?
As of the end of day on the 2024-03-28, the price of an Rashtriya Chemicals and Fertilizers Limited (RCF.NS) share was ₹128.25.

What is the 52-week high and low for Rashtriya Chemicals and Fertilizers Limited Stock?
The 52-week high for Rashtriya Chemicals and Fertilizers Limited Stock is ₹190.00 and the 52-week low is ₹90.65.

What is the market capitalization of Rashtriya Chemicals and Fertilizers Limited Stock?
As of the 2024-03-28, the market capitalization of Rashtriya Chemicals and Fertilizers Limited is 70.754B.

When is the next earnings date for Rashtriya Chemicals and Fertilizers Limited?
The upcoming earnings date for Rashtriya Chemicals and Fertilizers Limited is May 28, 2024.
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About Rashtriya Chemicals and Fertilizers Limited

Rashtriya Chemicals and Fertilizers Limited Rashtriya Chemicals and Fertilizers Limited manufactures, markets, and sells fertilizers and industrial chemicals primarily in India. The company operates through Fertilizers, Industrial Chemicals, and Trading segments. It offers various fertilizers, including Suphala 15:15:15, a granular natural color fertilizer that is used in the cultivation of cash crops and fruit crops, as well as in improving the yield of plantation crops; Ujjwala neem coat... RCF.NS Profile

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