RVNL has made a trendline breakout with good amount of volume for the Gain of 30% +
CMP : 87
TG : 104
SL : 75
R/R : 1.4 times (Risk to Reward)
Stock's selection based on 5 Point Analysis:
1: Breakout.
2: Supported Volume, Delivery & VWAP.
3: 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: PE, PAT, Industry & peer PE and sector performance.
5: Entry Timing on 2 hour chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
CMP : 87
TG : 104
SL : 75
R/R : 1.4 times (Risk to Reward)
Stock's selection based on 5 Point Analysis:
1: Breakout.
2: Supported Volume, Delivery & VWAP.
3: 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: PE, PAT, Industry & peer PE and sector performance.
5: Entry Timing on 2 hour chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
Trade closed: target reached
Comment:
If you want to just Trail it
