'Mildly Bullish' on RVNL for Short term
Updated
The Scrip was in a corrective phase since 16th Jan 2023. It has almost corrected 28% from high of 81.75. It took support at lower trendline followed by a ' gap-up' rising 12.22% on next day. After profit booking move the stock seems ready to start its upward trend. The stock has almost minimal activity since last three months.
But, after emerging as ' Lowest bidder' for manufacturing & maintenance of 200 Vande Bharat Trainsets, buying activity in the stock is observed signaling interest among mass.
But, after emerging as ' Lowest bidder' for manufacturing & maintenance of 200 Vande Bharat Trainsets, buying activity in the stock is observed signaling interest among mass.
Note
First target achieved!!!Note
Second Target too achieved today itself. Enjoy profits!!
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