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nishant_bhatt
Jun 27, 2023 6:09 AM

RAILTEL watch for trend line breakout Long

RAILTEL CORP OF IND LTDNSE

Description

Expecting Railtel to give a good move from here setting up tight near trend line with fundamentals backing it up. Stop loss can be placed at low of doji candle.

*DISCLAIMER*

This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.

Trade active

Exited 1/3 of net position @ 150

Trade active

RAILTEL hits first target 18% gain

Trade active

RAILTEL hits 2nd target 30% gain, partial position

Trade closed: target reached

Railtel hits all target 45% gain
Comments
stocksavy2402
sir what will be next target of railtel
nishant_bhatt
@rajat2402, it will consolidate for some time and move to 190 but personally i'll book full position near 188
stocksavy2402
means it will 180 plus for sure
nishant_bhatt
@rajat2402, yeah possible but exit if it breaks it's 21 day EMA.
stocksavy2402
lgta h your target will come today
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