RVNLLooks good on Chart.
Breakout possible.
Long Consolidation done.
Above all EMA.
Good for Short term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
RVNL
Rail Vikas Nigam Driving India's Rail Infrastructure Renaissance RVNL Share Price Hits New ATH In Another Double-Digit Rally
On Monday, RVNL's share price surged by 15.2%, reaching Rs 565.9 during intraday trading and peaking at a new all-time high of Rs 578.95. This impressive performance continues a bullish trend, with the stock gaining 34.4% over the last two sessions and an astounding 210% year-to-date.
Catalysts Behind RVNL's Rise
Strategic MoUs and Projects
A recent jump in RVNL's stock price is likely due to their agreement with the Delhi Metro Rail Corporation (DMRC). This partnership aims to collaborate on various transportation projects in India and other countries. These projects could include subways, trains, high-speed rail lines, roads, large bridges, tunnels, government buildings, maintenance facilities, and railway electrification.
This news follows RVNL's July 2 announcement of securing a Rs 132.59 crore contract from Central Railways to enhance the loading capacity of the Wardha-Ballarshah section. Moreover, the Ministry of Railways' plan to add 10,000 non-AC coaches to meet rising demand underscores the robust growth outlook for the sector.
Recent Contract Wins
RVNL continues to secure significant contracts, reflecting its strong market position. Notably, it received a Letter of Acceptance (LoA) from Central Railway for OHE modification work, valued at Rs 138.45 crore, aimed at upgrading the Amla-Nagpur section.
Major Project Awards
| Client | Project | Value (Rs crore) |
|---|---|---|
| Maharashtra Metro Rail Corporation | Construction of six elevated metro stations | 187.34 |
| South Eastern Railway | Design, supply, erection, testing, and commissioning of a 132 KV traction substation on the Kharagpur-Bhadrak section | 202.87 |
Strategic MoUs and Global Expansion
RVNL has been proactive in forming strategic partnerships. On July 9, it signed an MoU with TATWEER Middle East and Africa LLC to leverage its expertise in the railway sector for projects in the MENA region and Europe. This collaboration covers smart city projects, digital transformation, and professional engineering services.
Additionally, RVNL's MoU with IMS Consultancy aims to provide technical and advisory services for various infrastructure projects in Nepal, including railways, MRTS, tunnels, roads, bridges, airports, ports, irrigation, and renewable energy sectors.
Government's Ambitious Infrastructure Plans
India's Ministry of Railways plans to manufacture 10,000 AC coaches over the next two years, significantly expanding non-AC coach capacity by 22%. This initiative is part of a broader effort to enhance passenger comfort and meet seasonal demands.
RVNL stands to benefit immensely from these government initiatives, with increased project opportunities in railway manufacturing and infrastructure development. The Indian government has allocated Rs 2.55 trillion for railway infrastructure projects in the current financial year, up from Rs 2.4 trillion in the previous year, providing a substantial growth catalyst for RVNL.
RVNL's Growth and Future Outlook
RVNL's performance and government backing position it well to capitalize on India's massive investment in rail infrastructure. Its expertise in project management, financing, and construction makes it a natural choice for executing new lines, station redevelopment, and other critical initiatives.
The recent recognition of RVNL as a Navratna company grants it greater autonomy in project execution, capital expenditure, and international ventures. This status is expected to enhance its operational efficiency and financial performance.
As RVNL's substantial order book translates into project execution, its margins are anticipated to improve, further solidifying its leadership in Indian rail infrastructure development.
Conclusion
RVNL's recent share price rally and strong performance underscore its pivotal role in India's rail infrastructure renaissance. With strategic partnerships, significant contract wins, and robust government support, RVNL is poised for sustained growth and profitability, making it a compelling investment in the railway sector.
#RML cmp 721 BUY Recommendation by Rachit SethiaRML CMP 721
TGT 922
SL 656
TIMEFRAME <6M
RR > 3
Return >27%
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
#RVNL TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup on RVNL on NSE
the analysis is as follows
- the price DID NOT gave a satisfactory breakout of the previous high which is also the ATH
- the volume is marginally low
- i have mentioned 2 support zones the above one is the immediate one which price can retest to again breakout the ATH with good volume
- the zone below is the important zone, it should not be broken for the price to continue a bullish trend
- do not try to time your entries, the market MAY OR MAY NOT can reverse, but we are not the not to decide until we have a good bearish structure
dont play with fire, always use predefined stoploss
1Y PERFORMANCE OF INDIA REILWAY STOCK PERFORMANCE COMPARE NIFTYThe india railway sector most of the stcok in outperform the nifty 50, Only IRCTC is underperform the nifty50 return, the structural change in the india railway stock in the recent year, this is show in the chart. i am bullish in the this sector.
RVNL - POSITIONAL CALLThe stock has created strong support in the zone of 27.80 - 30.
Sustaining the same, it is most probably moving towards 42 to 52 levels in the coming months.
Type of Trade: Positional Long Call
Verdict
27.80 - 30 is a region of support.
Trades?
Buying on the dip, depending on how price action is.
RVNL Daily AnalysisRail Vikas Nigam Limited is an organization associated with Indian Railways involved in building the rail infrastructure required by the railways.
Analysis done with only Supply, Demand, Support and Resistance Levels with one indicator RSI (Momentum Indicator)
Why One Should Buy?
Because We have Two levels of Demand and these levels are tested three times in the previous history.
Also, We have analyzed that RSI Momentum is increasing in the daily chart.
If one buys at Buy-1 then Stop loss can be taken at Buy-2 Level.
This analysis is purely based on the demand and supply, There are no patterns and Pullbacks included.
We will update our analysis with patterns and pullbacks after tomorrow market Close
Let's test this simple demand and supply strategy.
RVNL - Retest of Breakout - Swing TradeThe above analysis is done purely based on price action and chart patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets
Logic as well as the trade setup (Entry, SL and Target) is shown in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
Buy RVNLBy plotting Fibonacci we found that stock has a strong support @ 16.55 and stock is in reversal mood, even yesterday's candle was red but closed above day before yesterday's candle. It shows upward move. Hence, recommended to buy at LTP Rs. 17.30 for a short term target of Rs. 19 and 20. Time frame 7-10 days
LONG TERM INVESTMENT RVNL with Targets of 75-150RVNL Executes Projects as assigned to it by Ministry of Railways. It is a Forerunner in carrying out Railway Track Laying/Signalling/Electrification/ in India. RVNL has been granted Mini Ratna-I status on 19-9-2013.
The Revenue stream of RVNL is:
(Source: www .rvnl.org/en/pages/aboutrvnl.aspx)
A consolidated management fee (inclusive of supervision charges) based on the average supervision charges allowed to Zonal Railways (8.5%).
RVNL pays dividend to MoR on the savings out of the consolidated management fee. For 2017-18, Rs 167.0 crore was paid as dividend and Rs 34.0 crore as tax on dividend which is 2.88% of project execution cost. Thus, the effective management fee of RVNL was only 5.62%.
As Indian Railways is a lifeline of Indian Economy and the business pedagogy of RVNL is unique as Projects assigned by Government of India exclusively. The Stock can be accumulated for Long Term Targets of 75-150 in this Financial Year.
Buy around 25-27 for Short Term Target of 35-40
Long Term Target of 75-150