Consolidated after a good strong 80%+ move Making HLs Strong Sector
Rvnl forming Bullish Pennant Formation and Major Orders It is Acquiring In these coming days. May Give a Big Breakout.
After a short term correction, the stock has consistently been forming higher low formation, and formed a inverted head & shoulder and given breakout too,,On last Thursday, the stock has ralled 5% and also formed long bullish candle which is broadly positive. For trend following traders now, 20 day SMA or Rs.70 would act as a sacrosanct support zone. Above which,...
Reason for long a) Mr.14 set up b) triangle breakout SL compulsory
Hello Everyone, I have tried to explain how to enter a stock which has already rallied. I have considered important levels for re-entry purpose. This idea is only for educational purpose & NOT a Buy Call!
I forgot to post this short term trade on trading view. I took some position near 56 region. Did not expect it will go this fast after the resistance. As per the chart it can go up to 178. I sold all my investment at 103 and left the profit for the moon bag. If the share goes to 178 will cut my full position if not planning to re enter around 83 (previous all time...
RVNL: (Swing) One can see the completion of a typical expanded flat. The current trend signifies a 20% up move in the upcoming days.
showing Cup and Handle pattern Target 123 Stop loss 80 Volume growth seen
RVNL forming a bullish flag pattern in monthly Time frame. Expected tgt 120±. In between it can retrace at 84 to retest the breakout level. Not a Recommendation. Just sharing my view for Learning purpose.
making good consolidation on low volumes keep in watch education purpose only
Trading above neck line with good volumes. Hold untill budget.
RVNL is a potential breakout stock. Keep it on your radar!!!
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
RVNL has reached all time high, in fact it reached multiple ATH this month alone. But as this month reaches its end, so does the rally in this stock and todays price movement proves it. As you can see, from this month, when this stock moved up it lasts long for 4 days, and then then a selling spree started which too lasts for 4 days. After that stock again...
All the description on the chart! Disclaimer - Please DYOR, don't take any position based on the mentioned analysis,
Buy Rail Vikas Nigam Limited (NSE:RVNL) Buy Range- 60 - 62 Target- 68 - 70 StopLoss- below 57 Potential Return- 12-15% Approx trade duration 8-10 days
The stock has created strong support in the zone of 27.80 - 30. Sustaining the same, it is most probably moving towards 42 to 52 levels in the coming months. Type of Trade: Positional Long Call Verdict 27.80 - 30 is a region of support. Trades? Buying on the dip, depending on how price action is.
Good triangle break out...so should move to the tgt very quickly....