Swing tradeThis is the issue price level and good looking for upside with volume as well as bottom fishing ,SL is any candle close below current candle
RAILTEL trade ideas
RAILTELRAILTEL (1 HR) time frame chart analysis
DISCLAIMER: I'm not responsible for any loss that you have made from this post. Do your own analysis then invest.
RAILTEL BREAKOUT STRUCTURERAILTEL CORPORATION OF INDIA LIMITED==>
Stock is reacting from the daily demand zone. The stock has already given closing above EMA 20 and now trading near the trend line breakout.
The stock has the potential to go 136, 157, 183 by keeping sl below daily DZ.
railtel following triangle patttern will break it soon and move 128 then 140 target with a stop loss of 109 can go with large quantity also
Buy RailtelPrice appears to have broken the Medium to long term downtrend with good volumes. Price appears to be consolidating and currently is providing a good entry now with a very conservative Risk Reward ratio. More news on the probable merger with IRCTC will also push price up seeing the price run up in IRCTC.
Railtel LongRailtel is in strong support zone. Good to accumulate for swing trade.
Target-140
Stop loss-108
Railtel bullish mode Target 139Railtel is under good support. Buy @120. Target 139. Towards primary trend breakout
Railtel : Long Term InvestmentThe fundamentally very strong stock, available at discounted price of 40%, further correction of 7-15% will give be a good opportunity to accumulate the stock for long term view.
Thanks
railtelsustained good suport add watchlis NSE:RAILTEL t # dont do bottem fishing's ...waiting for reversals 🔀 profittt
triangle pattern daily timeframe RAILTEL .Its forming a symmetrical triangle on daily time frame.
For the last month and half its taking support ( demand zone ) at around 126 levels.
ENTRIES:
One can buy at the breakout of trendline ( red in colour ) . STOP LOSS could be 126 levels ( green line ) and trail it with 20 ma.
Underrated PSU - RAILTEL. Can it be a Multibagger? With Public Sector Undertaking making huge leaps in past few weeks, here's one with good price action and Risk Reward.
symmetrical triangle pattern waiting for symmetrical triangle pattern breakout. "Do u r own analysis"
railtel above 142 DCB 164,190 LEVELS TO COMERailtel above 142 in daily close with strong volume we can take long in short term 164,190 levels to come.so keep radar on 142.sl 130
RAILTELLooks like a good asymmetrical triangle breakout, can expect a retracement till 129, Buy at current market price for target of 190 with a Stoploss of 119.
Reconsolidation Ends!!Breaking through triangle pattern after a long reconsolidation, What do you all think?
RAILTEL: Direct 158 after 135RAILTEL is good very long duration like 5-10 years
Disclaimer: Analysis for education purpose only. Seek financial advisor before making any decision.
