sunnyfutures

Will RVNL Break Again its last High again?

Long
NSE:RVNL   RAIL VIKAS NIGAM
RVNL on weekly chart moving towards its target for short term 32. RVNL with its support near 26 and come back, showing it going to hit 35 target in the near term.
Entry Level:
At current or below 29 is good to enter, if he goes below then add more shares. last time OFS got a good response which means the company has a good track record and offers at less price. Time frame 6 months to 9 months period to achieve our target.
Comment: good time to enter in the stock for long-term gain if not trade earlier.
Comment: This week our short-term target achieve at level 32. If the OFS(offer for sale) date confirms then two strategies you may adopt depend upon your risk capacity:
1. Buy in OFS and follow target 35 then 42 max.
2. Exit option and book profit. Enter again after the OFS date.
Comment: Today our short-term target hit at 32 level.
Comment: waiting for a break of 32 level. share try to trade above it but unable to hold. Volume is increasing and hopes it breaks and holds 32 level in this week.
Trade closed: target reached: OUR FINAL TARGET ARRIVES @35 WITHIN 1 AND A HALF MONTH. HAPPY TRADING