varun_devadiga

All time high Breakout in RVNL

Long
NSE:RVNL   RAIL VIKAS NIGAM
Previous Chart pattern analysis also given in the chart. Which shows, patten achieved all its previous target(46).

Currently Stock made fresh breakout, that also its all time high breakout with good volume.

Stock has a potential to reach 60 level.
40-44 Level is good for re-entry.
Stock shouldn't close below 40.
38 will the SL


This is just a view, not a recommendation to trade. Do your own analysis before taking any trade.

RVNL


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