sl 120, tgt 170. Good risk reward ratio. views are for 3-5 months.
Railtel Corporation of India - Buy above 140 with Stoploss 130
waiting for symmetrical triangle pattern breakout. "Do u r own analysis"
RAILTEL down trend breakout retest done next mentioned target coming soon
Railtel 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
Looks 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.
Breaking through triangle pattern after a long reconsolidation, What do you all think?
RAILTEL is good very long duration like 5-10 years Disclaimer: Analysis for education purpose only. Seek financial advisor before making any decision.
For educational purpose only. It's not a call. Please trade at your own risk.
Reasons to buy: -RSI above 60 -MACD Crossover -Higher volume than the past 5 trading sessions
As the railways and telecommunication sector is on bull run , we can't forget RAILTEL to join the rally , a beautiful setup for investment in short term. Just keep patience after investing to catch good move.
Formed Symmetrical Triangle pattern in Weekly chart. Its sibling stock IRFC and RVNL has also formed exactly similar pattern. Disclaimer : Hey! I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only.
RAILTEL - Swing trade Long due breakout with good volumes. A nice RR ratio trade setup.
Market Cap ₹ 4,195 Cr. Current Price ₹ 131 High / Low ₹ 190 / 105 Stock P/E 28.5 Book Value ₹ Dividend Yield 1.68 % ROCE 14.1 % ROE 10.2 % Face Value ₹ 10.0
Technically looks good anytime breakout possible study🙏🙏
a triangle formation if it break upper side the pirice go higher in 2 curv so wait but if trend break lower side than down ward trens will started.
this idea is for short term investment purpose target for long will be 172 and maintain stop loss of 121.30 on candle close basis. good luck
Go long only if it closes above triangle with good volume Target 60% stoploss nearest support below triangle pattern