Buy RCF for a target of Rs 90, says Rakesh Gandhi of LKP.
Gandhi told CNBC-TV18, "Rashtriya Chemicals and Fertilisers (RCF) can be bought for a target of Rs 90. As the stock has been trending downwards or remaining sideways since the month of Feb and yesterday it has closed at Rs 80 with good volumes and also it has breached above the falling trendline as per the technical perspective. I believe that it could be bought for a target of Rs 90 and stop loss should be kept at Rs 76 for the same."
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