RVNL Can Give 20–30% Upside Move🚀 One Stock That Can Give 20–30% Upside Move
Stock: RVNL Limited 🚆 - NSE:RVNL
🔥 Why This Stock Is On The Radar
• Railways capex cycle remains strong with execution visibility
• Order inflow momentum continues to support earnings outlook
• PSU rail stocks remain leadership names in the current market
This Is Not A Fresh Breakout.
This Is A Re-accumulation Setup At Higher Levels.
📊 What The Chart Is Showing
• Strong rally already played out earlier
• Price has shifted into time correction, not price correction
• No major breakdown despite volatility
That Is The Key Observation.
📈 Current Price Behaviour
• Price consolidating around the 355–370 zone
• Candles overlapping tightly
• Volatility compression visible
• Higher lows still intact
Price Is Holding Strength.
It Is Not Distributing.
⏳ Why A 20–30% Move Is Possible
• Rail stocks typically move in momentum legs
• Supply has been absorbed during consolidation
• Breakout from a tight range can be swift
🎯 Trade Idea Framework
• Entry: Sustained hold above 372
• Stop-Loss: Below 345
• Targets:
– Target 1: 430
– Target 2: 480
👀 Confirmation Rule
• After breakout, price should not fall back below 365
• Volume should expand on the breakout
Back Below The Range = No Trade.
Hold Above The Range = Momentum Active.
🧠 Final Line
Strong Moves Often Resume After Quiet Consolidation.
RVNL Is Currently In That Phase.
That Is The Edge.
Long
