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RVNL Delivery Buy RVNL Above 331 Stop Loss 299 Targets 361-397



RVNL Delivery Buy RVNL Above 335 Stop Loss 295 Targets 375-420


RVNL

As of May 16, 2025, Rail Vikas Nigam Ltd. (NSE: RVNL) exhibits a bullish trend on the 30-minute timeframe, supported by several technical indicators:

📈 30-Minute Technical Analysis Summary
Current Price: ₹412.45

Relative Strength Index (RSI): 70.92

Indicates overbought conditions, suggesting strong upward momentum.

Moving Average Convergence Divergence (MACD): 2.89

Positive value supports the bullish trend.

Average Directional Index (ADX): 62.56

Reflects a strong trend strength.

Stochastic Oscillator: 78.09

Near overbought territory, indicating strong buying pressure.

Rate of Change (ROC): 0.972

Positive value aligns with upward price movement.

Supertrend: ₹372.14

Below current price, reinforcing the bullish outlook.

Parabolic SAR (PSAR): ₹371.61

Below current price, indicating an uptrend.

Chaikin Money Flow (CMF): 0.216

Positive value suggests buying pressure.

📊 TradingView Technical Summary (30-Minute Timeframe)
On TradingView, the 30-minute technical indicators for RVNL present a Neutral outlook, suggesting a balance between bullish and bearish signals.

⚠️ Trading Considerations
Overbought Indicators:

RSI and Stochastic values suggest the stock is in overbought territory; traders should watch for potential pullbacks.

Support Levels:

Supertrend and PSAR levels around ₹372 may act as support in case of a price correction.

Volume Analysis:

Monitoring volume trends alongside price movements can provide additional insights into the strength of the current trend.
Snapshot

RVNL Delivery Buy RVNL Above 361 Stop Loss 315 Targets 410-460

RVNL Delivery Buy RVNL Above 361 Stop Loss 319 Targets 405-450

RVNL Wait for the results on 12th Feb 24. After that, the success journey would start

RVNL

#RVNL Bounce from trendline support
Great stock pick for Budget as railways allocation is possibly going to be huge.
Can accumulate RVNL from 400 and add more on dips with staggered allocation.
Levels in the chart.
Not a buy or sell recommendation.
Snapshot