Long RAILTEL # @ 594 , Target # 753 Stop # 498Breakout and Confirmation and Oppertunity to Buy little on upside , but good but for those Invest with SIP and Invest for long time.
Entry : 590
SL : 498
Target : 753
RAILTEL trade ideas
RAILTEL - Swing Trade Analysis - 23rd June #stocksRAILTEL CORPORATION OF INDIA (1W TF) - Swing Trade Analysis given on 23rd June, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Weekly Resistance Breakout - Done ✓
- Weekly Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
Railtel will bring next rail of profit :-)Hi Traders!!!
Railtel is looking good on chart. The breakout of the range of 490 has been retested. Go long above 491 for the positional target of 607 with SL of 436.
Follow and boost the post !!!
Strong Uptrend Continuation Post Breakout:- High Momentum Stock✅The stock has been in a strong uptrend, making higher highs and higher lows. Recently, the price action formed a consolidation pattern with a symmetrical triangle, indicating a potential continuation of the uptrend.
✅ Immediate support around ₹400, which was a recent consolidation level. Stronger support near ₹360, which aligns with the lower trendline and past price action.
✅ There is a noticeable increase in volume accompanying the breakout above the symmetrical triangle, indicating strong buying interest and supporting the bullish breakout.
✅ RSI is trending upwards, indicating increasing bullish momentum without being overbought. The MACD line is above the signal line, suggesting a bullish trend continuation.
break-out in RAILTELresistance broken with good volumes. above 200 and 50 ema. following an uptrend. ascending triangle break-out.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Bullish Reversal Pennant Breakout in RAILTEL
BUY TODAY SELL TOMORROW for 5%
RailtelGood breakout after consolidation.
Potential to give good returns
Stock is in sunrise sector
CMP and dips can be used for accumulation
Railtel Corporation of India Ltd - Long Setup, Move is ON...#RAILTEL trading above Resistance of 360
Next Resistance is at 466
Support is at 296
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Railtel broke resistance with volumeRailtel broke resistance with volume.
Support at 448. There was a false breakout at this point previously. This time there is more volume.
railtel- added to watchlistCompany in news as it has procured order of Rs 20 Cr from Southern Railway.
Will be a good buy above Rs 500. targets could be 558-603. if stock crosses 603,then it could zoom.
Sl could be 475. tile frame could be 6months
Stock added to my watchlist.
This is my watchlist. please do your own due diligence before investing
RAILTEL RANGE BREAKOUT WCBRAILTEL breaking range box
weekly basis with good volume
good rsi and macd crossover
#target 600
EDUCATIONAL IDEA
Double Moving Averages Crossover Swing Trade - RAILTEL📊 Script: RAILTEL
📊 Sector: Telecomm-Service
📊 Industry: Telecommunications - Service Provider
⏱️ C.M.P 📑💰- 434
🟢 Target 🎯🏆 - 478
⚠️ Stoploss ☠️🚫 - 412
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
RAILTEL, railway stocks are setting up again.Check railway stocks, how well they are setting up and buzzing loud on twitter. But like only railtel and texrail, as not looking for stocks which didnt breach 4th June bloodbath bar. No regret if they give big moves as I'm following the system. And between these two, railtel is top priority, as:
-One simple horizontal line setup (favourite), and consolidating for 150 days in the range
-After 4th june big fall, two white dots( 5% move with 1M vol) indicating big players are buying this stock
-Clean setup
Buying above 428 (cheat entry: buying before major resistance in anticipation of breakout.
No buy/sell recommendation.
the bull trend is intactRail Tel CMP 356
If u did not chase this stock. this correction is an opportunity now. The dip to 38.2% is telling me the stock still is in a strong bull trend.
Buy Railtel Corporation Short Term Trading Advice by Goodluck Capital
Buy Railtel Corporation
Buy Range- 420 - 430
Target- 445 - 455
StopLoss- below 400
Potential Return- 5-7%
Approx trade duration 15 - 16 days
Double Moving Averages Crossover Swing Trade📊 Script: RAILTEL
📊 Sector: Telecomm-Service
📊 Industry: Telecommunications - Service Provider
⏱️ C.M.P 📑💰- 433
🟢 Target 🎯🏆 - 475
⚠️ Stoploss ☠️🚫 - 415
📊 Script: TATASTEEL
📊 Sector: Steel
📊 Industry: Steel - Large
⏱️ C.M.P 📑💰- 174
🟢 Target 🎯🏆 - 183
⚠️ Stoploss ☠️🚫 - 170
📊 Script: SUZLON
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
⏱️ C.M.P 📑💰- 44
🟢 Target 🎯🏆 - 48
⚠️ Stoploss ☠️🚫 - 42
📊 Script: ADANIPORTS
📊 Sector: Marine Port & Services
📊 Industry: Miscellaneous
⏱️ C.M.P 📑💰- 1385
🟢 Target 🎯🏆 - 1454
⚠️ Stoploss ☠️🚫 - 1361
📊 Script: MTARTECH
📊 Sector: Aerospace & Defense
📊 Industry: Engineering
⏱️ C.M.P 📑💰- 2110
🟢 Target 🎯🏆 - 2231
⚠️ Stoploss ☠️🚫 - 2046
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Symmetrical Triangle Pattern In Railtel- Looking Strong -Symmetrical Triangle Pattern
-lower trendline is very strong support zone that is why stock reversed with strong bullish marubozu candle and high volume
-after breaking upper trendline we can expect stock to move 8-10% upside
-keep in radar as it will give fast momentum after breakout
Take support at 50% on Fibonacci level - SWING TRADINGThere is major resistance on 460 level and at this level RSI is just 60. we can see better move upto 460 level just wait and watch.
RAILTEL 39% UPSIDERAILTEL
BUY 495 for Upside target upto 39% in short term basis details important Date also given in chart
Railtel LongAfter given upside rally, stock price is taking rest.
Daily Time Frame
As shown in chart, price took support and making a upside reversal pattern.
for study purpose only.
railtel very short term target 436 to 440this stock on technicall basis if sustain above 400 tommorow then target 436 soon.this stocks in uptrend from 25/10/23 and till countinue .so its risk and reward stock.
Chart Says everythingchart says everything. As soon as it broke the trend and resistance it boost like any thing. Even before the news break, chart say's it
