RAIL VIKAS NIGAM LTD
Long
Updated

RVNL - Breakout Potential

1248
RVNL Breakout of 7-month Trendline with huge volumes.

Can expect a minimum of 5% up-move.

Entry - Close above 32.50
Target 1 - 34.20
Target 2 - 36.00
Target 3 - 38.60
SL - 30.65


Note
TARGET 1 DONE
Note
TARGET 2 DONE
Note
All Targets Achieved, can go 44 if patient
Note
Went till 42, expecting 47 now
Note
2 Months - 60% Profit.

May go near 56-61
Note
Target 3 - 56 reached ... !! Trail stop loss and go with momentum
Note
Stock hit LC for 2 days now, but I think it's going to bounce back up again around 73.25 area. Just an intuition

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