RAIL VIKAS NIGAM LTDRail Vikas Nigam Ltd for Intraday 31st October #RVNL
Resistance 470. Watching above 471for upside movement...
Support area 460. Below 455 ignoring upside momentum for intraday
Support 460.Watching below 459 for downside movement...
Resistance area 470
Follow Strict Stop Loss And Risk Reward If You Follow Leves.
Rvnlong
RVNL Analysis & PredictionThis is the analysis of RVNL in Daily Time Frame. Watch carefully. The chart explains itself.
There are many positive news on RVNL. Volume is increasing. Making Cup and Handle Pattern, and facing resistance at a level. If it will break and sustain above the level, it is good for the stock. It can go down upto the lower trendline and can give upmove.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About RVNL:
Rail Vikas Nigam Ltd. engages in the development and construction of railway infrastructure. The firm also provides vital port linkage including the corridors connecting the port of Hinterlands. It railway projects include new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, and institution buildings. The company was founded on January 24, 2003 and is headquartered in New Delhi, India.
RVNL TECHNICAL AND FUNDAMENTAL ANALYSIS Today rvnl has done a bullish break out With a bullish singnal on it. I recommend you to buy and hold it at least a month or so. You Will get good results. In fundamental analysis in February government will announce the budget of the rail way sector.which will inventualy pump the price till then I recommend you to hold. NSE:RVNL
RVNL TECHNICAL AND FUNDAMENTAL ANALYSIS Today rvnl has done a bullish break out With a bullish singnal on it. I recommend you to buy and hold it at least a month or so. You Will get good results. In fundamental analysis in February government will announce the budget of the rail way sector.which will inventualy pump the price till then I recommend you to hold. NSE:RVNL
SHORT-TERM BULLISH in RVNL !!#WEDNESDAY#
NSE:RVNL
Follow @VK2413
BUY :- RVNL !!!
{
TRIGGER:-31.5-32
TARGET:-34-37
SL:-28
};
WHY TO BUY ??
{
after a HUGE FALL from past a month ,it's forming a long legged DOJI(on WEEKLY CHART).
wait for this week ,let candle to form completely.
if it forms support ,we can see huge POTENTIAL in its growth.
HOPE PEACE TALK of RUSSIA-UKRAINE begins SHORTLY !!!
}
Like👍 , Follow @VK2413 ,🙏 Share love ❤️ ;
} HAPPY TRADING;
Will RVNL Break Again its last High again?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.