RAILTEL Ready To Move UpsideThe Stock is just below 200 day moving average and trying to move upside.
As per Fixed Range Volume Profile the balance lies around 508 while going down.
Fibonacci Golden Ratio value is around 483.
All the other shorter Moving Averages have turned looking upward.
It can be expected that the stock has potential to take out ATH of 617 in Medium to Long Term (6 to 12+ months).
In Short term (Upto 3months), 483 to 508 is more probable.
RAILTEL trade ideas
RAIL TELRail Tel
MTF Analysis
Rail TelYearly Demand Breakout 190.0
Rail Tel 6 Month Demand Breakout 190.0
Rail Tel Qtrly Demand 256.0
Rail TelMonthly Demand 256.0
Rail TelWeekly Demand BUFL 258.0
Rail Tel Daily resistnce Now support 295.0
ENTRY -1 Long 295.0
SL 275.0
RISK 20.0
Target as per Entry 959.0
RR 33.2
Last High 617.0
Last Low 275.0
RAILTEL: Building Strength at Demand ZoneRAILTEL (Railtel Corp of India Ltd.)
Key Levels:
Demand Zone: โน348 - โน357
First Target Zone: โน452
Second Target Zone: โน561
Stop Loss: Below โน345 (demand zone failure)
Structure & Trend:
Stock has been in a corrective phase, respecting the demand zone multiple times.
A potential double bottom structure may be forming around โน348-โน357.
Golden retracement of the last swing low offers a bounce opportunity.
Trade Plan:
Entry: Around โน355 - โน365 within the demand zone.
Targets:
First target: โน452
Second target: โน561
Stop Loss: โน345 on a daily close basis.
Note: A breakdown below โน345 could lead to further downside; monitor price action.
Railtel corp view for Intraday 2nd September #BIOCON Railtel corp view for Intraday 2nd September #BIOCON
Buying may witness above 495
Support area 490.. Below ignoring buying momentum for intraday
Selling may witness below 486
Resistance area 490
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Railtel Corp for LongRailtel Corp gave a nice base breakout with strong volume...
Railway Theme will support the momentum..
Disclaimer:
This analysis is for informational purposes only and does not constitute investment advice. Trading involves significant risk and may result in the loss of capital. Always conduct your own research or consult a financial advisor before making investment decisions. I am not responsible for any actions taken based on this analysis.
Double Moving Averages Crossover Swing Trade - RAILTEL๐ Script: RAILTEL
๐ Sector: Telecomm-Service
๐ Industry: Telecommunications - Service Provider
โฑ๏ธ C.M.P ๐๐ฐ- 434
๐ข Target ๐ฏ๐ - 478
โ ๏ธ Stoploss โ ๏ธ๐ซ - 412
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
RailTel corp of indiaMonthly BB it should be challange -good sign to(buy)
In weekly it should be retest 50% good sign to (buy)
and weekly mother candle make be broken it can be go 568.
ABOUT TO INDICATOR
Weekly MACD is uptick
Daily RSI and STOCH RSI giving a buy signal
Daily BB is should be challange it can go up
Daily volume is also good
overall we can go buy it with proper risk management
Double Moving Averages Crossover Swing Trade๐ Script: RAILTEL
๐ Sector: Telecomm-Service
๐ Industry: Telecommunications - Service Provider
โฑ๏ธ C.M.P ๐๐ฐ- 433
๐ข Target ๐ฏ๐ - 475
โ ๏ธ Stoploss โ ๏ธ๐ซ - 415
๐ Script: TATASTEEL
๐ Sector: Steel
๐ Industry: Steel - Large
โฑ๏ธ C.M.P ๐๐ฐ- 174
๐ข Target ๐ฏ๐ - 183
โ ๏ธ Stoploss โ ๏ธ๐ซ - 170
๐ Script: SUZLON
๐ Sector: Capital Goods - Electrical Equipment
๐ Industry: Electric Equipment
โฑ๏ธ C.M.P ๐๐ฐ- 44
๐ข Target ๐ฏ๐ - 48
โ ๏ธ Stoploss โ ๏ธ๐ซ - 42
๐ Script: ADANIPORTS
๐ Sector: Marine Port & Services
๐ Industry: Miscellaneous
โฑ๏ธ C.M.P ๐๐ฐ- 1385
๐ข Target ๐ฏ๐ - 1454
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1361
๐ Script: MTARTECH
๐ Sector: Aerospace & Defense
๐ Industry: Engineering
โฑ๏ธ C.M.P ๐๐ฐ- 2110
๐ข Target ๐ฏ๐ - 2231
โ ๏ธ Stoploss โ ๏ธ๐ซ - 2046
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ