RVNL: Budget 2025 Pick!
⚡️Price Analysis:
1️⃣ Trading near crucial EMA confluence zone - showing strong support
2️⃣ Long-term uptrend intact with clear HH-HL structure.
3️⃣ Price showing strength from the demand zone.
✨ Key Observations:
➡️ Expecting 20-30% upside with 10% SL.
➡️ RRR favourable at current levels with defined risk.
➡️ Budget can trigger momentum if the railway sector is given a boost.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Comment down your thoughts about railway sector stocks. ✌️
🔥 Happy Trading!✅🚀
1️⃣ Trading near crucial EMA confluence zone - showing strong support
2️⃣ Long-term uptrend intact with clear HH-HL structure.
3️⃣ Price showing strength from the demand zone.
✨ Key Observations:
➡️ Expecting 20-30% upside with 10% SL.
➡️ RRR favourable at current levels with defined risk.
➡️ Budget can trigger momentum if the railway sector is given a boost.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Comment down your thoughts about railway sector stocks. ✌️
🔥 Happy Trading!✅🚀
Trade active
Need to break the trendline to get the bullish confirmations. LTF PA is still not forming HH-HL. Change in price structure will add confluence to the long view.
Hourly TF:
Anubrata Ray ⚡
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Anubrata Ray ⚡
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.