rdkriplani

Railtel - Pullback Buy

Long
NSE:RAILTEL   RAILTEL CORP OF IND LTD
A stock i've traded multiple times with good success. Because of this market pullback its giving another opportunity before its next bullish move.
Ideally i'd like to buy it around 215 and then again above 226 in 2 trenches with a SL below 205 and then 220.

The bounce around 215 would mean a pivot towards the 10EMA and then a wedge breakout above 226.. (The optimal setup)

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