riskOmeter

EW + Pattern b/o

Long
NSE:RVNL   RAIL VIKAS NIGAM
Yesterday's price action confirmed breakout above following classic chart patterns ->
- Flag pattern breakout above 73.60 during intraday
- Cup-n-handle with typical shallow retracement of 38.20% - as it closed above 75.65

The best part of these breakouts is that there is a 5 wave previous rise associated with it.

Good times ahead
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