dear all price may fall from high 318 cmp market give singal to fall dtock or book profit in this stock
RVNL has given a strong breakout on weekly chart with huge volume spike . Govt Policies will help to grow RVNL
GOOD BREAKOUT FROM CONSOLIDATION CAN TAKE ENTRY AT CMP OR WAIT FOR RETEST SL IS YOURS TGT - 10 % BOOK TRAILING SL -- DISCLAIMER -- I am not a financial advisor or SEBI-registered. This is just a view. Please DO YOUR OWN RESEARCH before investing in any stock Happy trading Peace
RVNL have huge order book. Stock is rallied continuously in last few years. On charts we can observed that stock is giving decent rally after base formation. One cam expect a targets of 210-220 in short term. And for long term 300-400 with sl of base low.
In hourly chart, RVNL is on his way to make a cup and handle pattern. It's good for investing and swing trade only it break cup and handle neckline and it's sustain above. This is only my view, not a recommendation.
RVNL has high potential to breakout . Railway stocks Rally is on the way . Iam try to accumulate 170 to 175 range . Target 200 . Swing trade Follow for more ideas . This is only view
its my own idea. i may be wrong but thats what elliot wave says.
At this time seller is so active on top level. How can we trade in RVNL buy or sell. Most of the time retailer feel trap at this type of situation.
RVNL looks very Nice on chart. best time to invest with very small risk of Support line and best reward in short term
This is a very good company in Indian railway sector. This time in chart create rounding bottom pattern in one hour ,make sure profit higher probability.
Entry CMP Stop loss 122 Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts...
Greetings Folks, today i have prepared a setup on RVNL on NSE the analysis is as follows - the price DID NOT gave a satisfactory breakout of the previous high which is also the ATH - the volume is marginally low - i have mentioned 2 support zones the above one is the immediate one which price can retest to again breakout the ATH with good volume - the zone below...
Hi trader's, RVNL looks very promising on chart. seems like accumulation is going on best time to invest with very small risk of trend line and huge reward in short term. ascending triangle pattern it seems grab it
Breakout of crucial resistance has been done in RVNL. wait for the retest to take it to the upside. Target - 200
BREAKOUT in rvnl after a tight consolidation, now ready to do 150-160-170 and place your stoploss at 134 on closing basis FUNDAMENTALS:- PE 18.763 ROE 16.58% MAIRKET CAP 27314cr
Will go long once it crosses 127 and close of the candle above the price point. For educational purpose only, follow price action before entry
Buy Entry @ 31 Target @ 38 Stop Loss @ 28 Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best of luck.. Shakthi