RAIL TEL Looks good for long term trail with Stop loss at the breakout levels. Make entries in 50% 25% 25% steps
Expecting Railtel to give a good move from here setting up tight near trend line with fundamentals backing it up. Stop loss can be placed at low of doji candle. *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for...
📌Bullish Pennant pattern ✅Breakout on hourly TF RAILTEL + Continuation pattern + Validated with Good Volume + Above Key EMAs + Bullish RSI - Not a buying recommendation
Take Entry at 129.50 to 130.50 short term target 148 If we find any deep then we will hold it with below average : 1st average at 113.50 2nd double average at 98( invest double amount at this level)
Here is the railtel trend analysis for next week, It should see levels of 190+ for next coming week.
This chart is for PSU rail tel, use support and resistance lines for short ter buy trend. This is for a bullish view
Railtel ready to departure potential move may after 165 concentrate
Please note this is for education purpose only. Please do own research before you take a trade.
Railtel corporation of india gets order worth 393.7 million rupees.
RAILTEL looking very good at cmp, one can enter before breakout, breakout level 143
#RAILTEL - Coming out of a consolidation - Validated with Volume - Above Key EMAs - Bullish RSI
There is a breakout seen through falling resistance trendline (yellow line) On Breakout there is a rise in ATR as well as good volume On a 4h chart , it also corresponds to pole and flag Overall volume of a couple of months indicates bullish momentum There is also bullish divergence in stochastic (marked by pink line on stochastic indicator) Tgt =144 Sl = 125.75
Analysis Criteria Used: 1. Please find the Chart Analysis done for the Swing Trade Idea levels for 2nd May, 2023 2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups Focus On: 1. Always keeping your Risk Management in play 2. Using a Stop Loss; because it is your Best Friend 3. Always Plan your Trade...
- INHS pattern BO - Validated with Volume - Above Key EMAs - Bullish RSI
RailTel Corporation of India Ltd. is an Indian public sector enterprise which provides broadband, VPN services and to modernize train control operation and safety system of Indian Railways. Weekly closing above 135, open the door for ATH. Traded above 20/50/100 EMA RSI near to 60
RailTel Corporation of India Ltd - 27.04.2023 The stock is trading @ 114 levels The prices are at EMA There is a Resistance @ 119 levels Watch out for the price action
From the past few months stock was in a down trend, now it has finally given breakout from its consolidation. Previously price level of 105-108 was acting as a resistance, now price has closed above this level indicating a possible shift in the trend. If stock manages to sustain above this price, we can expect a decent rally in coming days. All possible...
Around 113 price action being bullish may go up to 123 in 1-5 days. I would keep a 2 percent fixed stop Potentially a 5R trade