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 trade ideas
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
RailtelBreakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights into shifts in market sentiment and potential price movements.
3. **Entry Points:** Breakout points serve as potential entry points for traders looking to ride the momentum of a newly established trend. Buying on a breakout can capture the early stages of a price movement.
4. **Confirmation of Strength:** Successful breakouts indicate the strength of a trend. If an asset breaks out with high volume and follows through with sustained price movement, it suggests a strong trend in that direction.
5. **Avoiding False Signals:** Breakout strategies often include using indicators or confirmation signals to avoid false breakouts. This can enhance the accuracy of trade decisions.
6. **Defined Risk and Reward:** Breakout trading allows for setting clear stop-loss levels below the breakout point, which helps manage risk. Traders can also calculate potential profits based on the distance between the breakout point and a projected target.
7. **Adaptable to Various Markets:** Breakout trading can be applied to various markets, including stocks, forex, commodities, and cryptocurrencies. The concept remains consistent across different assets.
8. **Flexibility:** Traders can adapt breakout strategies to their preferred timeframes, whether they are day traders, swing traders, or long-term investors.
9. **Liquidity Opportunities:** Breakout points are often associated with increased trading volume, which can provide better liquidity for executing trades.
10. **Risk vs. Reward Assessment:** Traders can evaluate the potential risk of a trade (stop-loss) against the potential reward (target price), aiding in decision-making and portfolio management.
11. **Psychological Advantage:** Successful breakout trades can boost a trader's confidence and discipline, reinforcing the effectiveness of their strategy.
12. **Market Events:** Breakouts can occur around significant market events such as earnings reports, economic data releases, or geopolitical developments, offering traders opportunities to capitalize on sudden price movements.
Remember, while breakout trading offers potential advantages, it also carries risks. False breakouts and market reversals can lead to losses. Successful implementation requires a solid understanding of technical analysis, risk management, and the ability to adapt to changing market conditions.