warning: this idea is to journal my findings for my personal use. Advising you to do your own analysis before entering
There is a recent pivot, planning to go for a small profit and keeping tight stop loss
There is a momentum with railway stocks, IRCTC bumper listing plus RITES giving huge returns. The stock is now retesting with lower volumes and looking at the candles near the retest zone, one can safely assume that either the consolidation is going to happen or uptrend will continue.
One can keep a stop of anything below 255-256