RVNL trade ideas
RVNL - BULLISHRVNL looks good to go for 25+ Lvls... Watch for levels pointed on the chart...
Disclaimer:
I am not a SEBI Registered Analyst. Its just a test trade. So, suggest not to blindly follow my charts. If followed, one should always be able to manage risk.
RVNL ConditionalRVNL range bound. May bounce back in range.
However crucial level to check is 50 DEMA. If breaks then bearish.
All ideas are shared assuming Delivery based trades only.
Research for Education Purpose.
RVNL triangle formationTriangle formation is witnessed. I am expecting the stock to go back to raising trend. wait for breakout.
Long Term Bullish RVNL.RVNL NSE Shares:
CMP: 25.05
Bullish from here.
Green Signal from my side.
else
GOD Knows.
rvnlHold 3 months . Fundamentally very strong
26.5 target
Accumulate 23 to 23.5 in between.
15% returns
Trendline Breakout or Triangle breakout Trendline Breakout or Triangle breakout and wait for the breakout ,
take your own risk
RVNL Flag formation and Bullish BreakoutRVNL Flag Formation and Breakout on Daily Chart,
Target- 31 and above,
Stoploss- 25.6
