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RVNL - Ready for Next 40%
RAIL VIKAS NIGAM LTD
Long
RVNL - Ready for Next 40%
By NiftyBreakouts
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Nov 15, 2023
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Nov 15, 2023
I started riding RVNL all the way from 25-28 levels to all the way till 199.
It consolidates for few weeks then sudden sharp jump for a week or two, this pattern has been repeating for few times now.
https://in.tradingview.com/chart/RVNL/setpwvan-RVNL-Next-bull-run-30-move/
I have previously shared RVNL @ 124 with Target -200 and it made high of 199.25
Now the same pattern is repeating again and RVNL is getting multiple orders worth $ millions. RSI is going 50 + and MACD is turning positive.
Target - 230(40%)
SL - 141
Study the stock and trade responsibly.
Chart Patterns
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NiftyBreakouts
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RVNL - Next bull run 30% move
by NiftyBreakouts
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