We_Learn_Investing

RVNL Rounding Bottom Formation

Long
NSE:RVNL   RAIL VIKAS NIGAM
Stock Analysis
  • RVNL is showing an interesting chart pattern with a rounding bottom formation.
  • There is a spike in volume, indicating strong buying interest.
  • The stock is getting ready to break out and reach new levels.

Trading Strategy
  • Target Placement: Follow the target level mentioned on the chart.
  • Stop Loss: Set your stop loss as per the indicated level on the chart.

Watch for the breakout and trade wisely!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.