RVNL - Ready for Next 40%I started riding RVNL all the way from 25-28 levels to all the way till 199.
It consolidates for few weeks then sudden sharp jump for a week or two, this pattern has been repeating for few times now.
I have previously shared RVNL @ 124 with Target -200 and it made high of 199.25
Now the same pattern is repeating again and RVNL is getting multiple orders worth $ millions. RSI is going 50 + and MACD is turning positive.
Target - 230(40%)
SL - 141
Study the stock and trade responsibly.