RVNL stock poised for a breakout. Consider purchasing once it surpasses 291.
Intraday Targets 306,310 .
Positional taegets are 330,400
For intraday traders, maintain a stop loss below the channel, while for positional traders, set the stop loss at the previous swing low.
Hi
The stock to put on watchlist for upcoming days. RVNL is looking good on chart. Buy RVNL at price of 277 to 280 for the target of 308. The stop loss should be 264
NSE:RVNL RVNL is being closely watched because its price has gone past 275. It's been trading in a certain range for a few months, and if it goes above 280, it might reach an all-time high. But if it doesn't go above 280, it might not be a good choice to trade.
🚫 Not a Registered Advisor: We are not registered investment advisors, brokers, or dealers. Our...
NSE:RVNL
Given BO of Range
Good to keep on the radar
Always respect SL & position sizing
========================
Trade Secrets By Pratik
========================
Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any...
NSE: RVNL is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 15% to 25% gain...
Either we are going as per the earlier chart or a delay
Target remains near same but timing may be possibly delayed
If we goes sideways or so then 124 level is important
Above that (124 level ) then 150 within sep
Below 124 in daily would ruin the chart ( 1st Aug )
All the above things will rely until
115 -- 118 sustains
Disclaimer:
It's a...
Rvnl open above 115 and sustains in (weekly) than higher possibilities it will breach ( 129 within 7th June 2023 ) and (159 within 17th July 2023 )
159 could be possible topout after that it may fall into a correction for a short period of time.
Disclaimer :
It's a personal view not a financial advise and I assume no responsibility and liability...
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Star 📌SWING TRADE FOR NEXT WEEK🚀
t
📌TRADE ANALYSIS OF RVNL
• Potential Breakout Chart
• VCP Pattern ...
Sector: Construction - Infrastructure
Good fundamentals with 0.83% dividend yield ROE 20.8 and ROCE 17.8
monthly & weekly structure bullish N showing strength
now as we can see Daily TF makes bullish n makes HH & HL pattern with strong RSI conversion...
so swing trader may accumulate for 20% upside
long term investors may accumulate this for 400 levels....
Dear Traders,
This scrip is expected to give Breakout in the coming days as it is on the verge of Breakout . So traders keep this scrip on your radar to catch the Momentum. Thanks to All .
Reason for long
a) Trendline breakout possibility
b) consolidation breakout pull back
c) good volume burst possibility as there is global rail stock rally
e) Weekly breakout possibility
Entry Criteria : Price crossing above previous day high is entry in 15 min candle closing is important
SL Previous day low
f) SL compulsory
reference idea post : 11014
