I have updated my analysis on the RAILTEL stock Railway stocks are most important in indian growth must focus
RAILTEL looking on fly mode. Already made a good base to go up... This is only for educational purpose.
Railtel looking ready for the next leg of rally after retesting its 21 EMA on Daily timeframe.
So far High made is 214. 189 is now a decent support on down-side. Break-Out with good Volumes on Daily and Weekly Charts..
BUY ABV - 120 TARGET - 140 Its forming double bottom and Training too. Lets watch and trade. *Candle close is important
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 can provide insights...
Railtel For Targte 360-420 Flag and Pole Pattern Observed.
RAILTEL recently gave very good returns and took a small break from bullish view. I think the first down leg is over and new leg is going to take place . the present target will be the recent high as resistance. stop loss at 209
On weekly timeframe chart RAILTEL is near resistance line. Break-Out is long awaited in the stock! I will update the possible levels on upside once the break-out is confirmed!!
Railtel Corporation-Nice Breakout Capital to be deployed- 20k Investing Price -162-165 Breakout Price -162 Stoploss -138 Targets -224-278 #railtel #StocksInFocus #StocksToBuy #stockstowatch #stocks #StocksInNews #SwingTrading #BREAKOUTSTOCKS
Chart is self explanatory. Don't invest and trade blindly.
*Railtel Corporation of India Ltd* C&H Formation on Monthly Basis. Strong Price BreakOut & Sustained Strong Vol. Consolidation & Continued BuiltUp. Good to go!!! RSI: 1H>D>W>M Railway Infrastructure Modernisation theme playing out very strong. Co. Is a "MiniRatna" of Govt. Of India. Trail SL with Upside. Book Profit as per Risk Appetite. Do Your Own Research...
Has given a Breakout of the long term trendline and looks good for a rally considering it has been winning orders for the railway safety systems by the government. This is considered as a 'Mini Ratna PSE' of the GOI
NSE: RAILTEL is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
Keep in your watchlist cleared its previous stage 1 resistance and now hovering above it. and consolidate. resistance at : 125.8 support at : 117.70 risk : 6.88 %
Expecting a 15% minimum rise in Railtel for short-term swing trade. It gave a triangle pattern breakout with solid bullish candles.
NSE:RAILTEL is closed above major resistance of 127.50. My idea is to take entry at 127.50 with stop loss of only 123 (-4.50 Points Risk). My expected upside target will be 136 & 143.50. it may take up to 1-2 weeks. Note: This is my personal analysis, only for learning. Thanks.