hello guys,
rvnl today corrected on profit booking many are trapped at top, because of lack of understanding of chart.
as per chart the trend is intact, add more near 203 196 levels , below 170 bearish trend will follow
as per trendline next target will be 410- 422 depending upon when the upmove resumes, just check the upper end.
i am bullish because one of...
This is long term investment plan for 1 year term: Profit range 20 to 45 %
Follow the below method to trade :
Total Investment 1 lakh
1st entry at 116Rs.....Invest 17000Rs at this level ...target short term 10%..mid term 20%
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If downside level then
...
#RVNL trading above Resistance of 200
Next Resistance is at 348
Support is at 157
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...
-after a long run consolidated for long and again ready for another run
-rise in volume & RSI
-above evey single EMA & SMA
-MACd crossover & rise in ADX shows strength
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
--Box breakout with huge volume
--GAP filled
-- sellers volume decreasing
--Target blue trend line
my last 2 studies on RVNL
1st--74 to 144 in 1 month
2nd--123 to 196 in 1 month
3rd--140 to ?
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it...
This is the analysis of RVNL in Daily Time Frame. Watch carefully. The chart explains itself.
There are many positive news on RVNL. Volume is increasing. Making Cup and Handle Pattern, and facing resistance at a level. If it will break and sustain above the level, it is good for the stock. It can go down upto the lower trendline and can give upmove.
There are some...
As per the weekly chart, RVNL is traveling in the channel and it hit the resistance.
Expecting the profit booking come at this level and stock might come down to 185 to 200 range.
I am sharing my analysis for knowledge purpose only. Please do your own analysis before taking any trades
#RVNL trading above Resistance of 157
Next Resistance is at 200
Support is at 111
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
RVNL
-CMP 197.4
-Huge Volume buildup near breakout zone
- Symmetrical Triangle #breakout
-Ascending Monthly CPR
-Price is above all major SMAs
-Support 179
Today rvnl has done a bullish break out With a bullish singnal on it. I recommend you to buy and hold it at least a month or so. You Will get good results. In fundamental analysis in February government will announce the budget of the rail way sector.which will inventualy pump the price till then I recommend you to hold. NSE:RVNL
Today rvnl has done a bullish break out With a bullish singnal on it. I recommend you to buy and hold it at least a month or so. You Will get good results. In fundamental analysis in February government will announce the budget of the rail way sector.which will inventualy pump the price till then I recommend you to hold. NSE:RVNL
