Railtel broke resistance with volumeRailtel broke resistance with volume.
Support at 448. There was a false breakout at this point previously. This time there is more volume.
RAILTEL trade ideas
railtel- added to watchlistCompany in news as it has procured order of Rs 20 Cr from Southern Railway.
Will be a good buy above Rs 500. targets could be 558-603. if stock crosses 603,then it could zoom.
Sl could be 475. tile frame could be 6months
Stock added to my watchlist.
This is my watchlist. please do your own due diligence before investing
RAILTEL RANGE BREAKOUT WCBRAILTEL breaking range box
weekly basis with good volume
good rsi and macd crossover
#target 600
EDUCATIONAL IDEA
Double Moving Averages Crossover Swing Trade - RAILTEL📊 Script: RAILTEL
📊 Sector: Telecomm-Service
📊 Industry: Telecommunications - Service Provider
⏱️ C.M.P 📑💰- 434
🟢 Target 🎯🏆 - 478
⚠️ Stoploss ☠️🚫 - 412
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
RAILTEL, railway stocks are setting up again.Check railway stocks, how well they are setting up and buzzing loud on twitter. But like only railtel and texrail, as not looking for stocks which didnt breach 4th June bloodbath bar. No regret if they give big moves as I'm following the system. And between these two, railtel is top priority, as:
-One simple horizontal line setup (favourite), and consolidating for 150 days in the range
-After 4th june big fall, two white dots( 5% move with 1M vol) indicating big players are buying this stock
-Clean setup
Buying above 428 (cheat entry: buying before major resistance in anticipation of breakout.
No buy/sell recommendation.
the bull trend is intactRail Tel CMP 356
If u did not chase this stock. this correction is an opportunity now. The dip to 38.2% is telling me the stock still is in a strong bull trend.
Buy Railtel Corporation Short Term Trading Advice by Goodluck Capital
Buy Railtel Corporation
Buy Range- 420 - 430
Target- 445 - 455
StopLoss- below 400
Potential Return- 5-7%
Approx trade duration 15 - 16 days
Double Moving Averages Crossover Swing Trade📊 Script: RAILTEL
📊 Sector: Telecomm-Service
📊 Industry: Telecommunications - Service Provider
⏱️ C.M.P 📑💰- 433
🟢 Target 🎯🏆 - 475
⚠️ Stoploss ☠️🚫 - 415
📊 Script: TATASTEEL
📊 Sector: Steel
📊 Industry: Steel - Large
⏱️ C.M.P 📑💰- 174
🟢 Target 🎯🏆 - 183
⚠️ Stoploss ☠️🚫 - 170
📊 Script: SUZLON
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
⏱️ C.M.P 📑💰- 44
🟢 Target 🎯🏆 - 48
⚠️ Stoploss ☠️🚫 - 42
📊 Script: ADANIPORTS
📊 Sector: Marine Port & Services
📊 Industry: Miscellaneous
⏱️ C.M.P 📑💰- 1385
🟢 Target 🎯🏆 - 1454
⚠️ Stoploss ☠️🚫 - 1361
📊 Script: MTARTECH
📊 Sector: Aerospace & Defense
📊 Industry: Engineering
⏱️ C.M.P 📑💰- 2110
🟢 Target 🎯🏆 - 2231
⚠️ Stoploss ☠️🚫 - 2046
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Symmetrical Triangle Pattern In Railtel- Looking Strong -Symmetrical Triangle Pattern
-lower trendline is very strong support zone that is why stock reversed with strong bullish marubozu candle and high volume
-after breaking upper trendline we can expect stock to move 8-10% upside
-keep in radar as it will give fast momentum after breakout
Take support at 50% on Fibonacci level - SWING TRADINGThere is major resistance on 460 level and at this level RSI is just 60. we can see better move upto 460 level just wait and watch.
RAILTEL 39% UPSIDERAILTEL
BUY 495 for Upside target upto 39% in short term basis details important Date also given in chart
Railtel LongAfter given upside rally, stock price is taking rest.
Daily Time Frame
As shown in chart, price took support and making a upside reversal pattern.
for study purpose only.
railtel very short term target 436 to 440this stock on technicall basis if sustain above 400 tommorow then target 436 soon.this stocks in uptrend from 25/10/23 and till countinue .so its risk and reward stock.
Chart Says everythingchart says everything. As soon as it broke the trend and resistance it boost like any thing. Even before the news break, chart say's it
Resistance Breakout - RAILTELPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Railtel Corporation of India Ltd - Long Setup, Move is ON...#RAILTEL trading above Resistance of 255
Next Resistance is at 360
Support is at 167
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
RAILTEL Create Darvas box patternDarvas boxes are a fairly simple indicator created by drawing a line along lows and highs. As you update the highs and lows over time, you will see rising boxes or falling boxes. Darvas box theory suggests only trading rising boxes and using the highs of the boxes that are breached to update the stop-loss orders.
Closely monitoring railtel above 140 The key Business Objectives of the company is
To facilitate Railways in modernizing their operation and safety systems and network by providing communication infrastructure.
To plan, build, develop, operate and maintain a nationwide broadband telecom and multimedia network to supplement national telecom infrastructure and to spur the growth of telecom, broadband, and IT-enabled value-added services in all parts of the country, especially rural, remote, and backward areas.
To generate revenue through commercial exploitation of its telecom network
The stock since listed in March 21 has not been able to reach its listed levels of 179. Now, after forming a cup and holder formation seems ready to reach 180 levels as Target 1. Fib levels T2 will be 219/ 246 in mid to long term
Resistance Pattern Breakout - RAILTELPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
RAILTEL - Ichimoku BreakoutStock Name - Railtel Corporation of India Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 282
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
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RAILTEL: Inverted H & S1. Reversal pattern on chart ( H & S
2. Break of Trend line
3. Candle shows strength in uptrend move
4. Higher high formation
Breakout AttemptRAILTEL
✅Keep on Radar
+ BO attempt with increased on on Smaller TF
+ Trading above Key EMAs
+ Good Relative Strength
