RAILTEL Ready for a big move on weekly time frame!On weekly timeframe chart RAILTEL is near resistance line. Break-Out is long awaited in the stock!
I will update the possible levels on upside once the break-out is confirmed!!
RAILTEL trade ideas
Railtel Corporation-Nice BreakoutRailtel Corporation-Nice Breakout
Capital to be deployed- 20k
Investing Price -162-165
Breakout Price -162
Stoploss -138
Targets -224-278
#railtel #StocksInFocus #StocksToBuy #stockstowatch #stocks #StocksInNews #SwingTrading #BREAKOUTSTOCKS
Railtel Corporation of India Ltd.*Railtel Corporation of India Ltd*
C&H Formation on Monthly Basis.
Strong Price BreakOut & Sustained
Strong Vol. Consolidation & Continued BuiltUp.
Good to go!!!
RSI: 1H>D>W>M
Railway Infrastructure Modernisation theme playing out very strong.
Co. Is a "MiniRatna" of Govt. Of India.
Trail SL with Upside.
Book Profit as per Risk Appetite.
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
Rail TelHas given a Breakout of the long term trendline and looks good for a rally considering it has been winning orders for the railway safety systems by the government.
This is considered as a 'Mini Ratna PSE' of the GOI
RAILTEL - Bullish Consolidation with VolumesNSE: RAILTEL is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
$RAILTELKeep in your watchlist
cleared its previous stage 1 resistance and now hovering above it. and consolidate.
resistance at : 125.8
support at : 117.70
risk : 6.88 %
Swing Trade Idea 3Expecting a 15% minimum rise in Railtel for short-term swing trade. It gave a triangle pattern breakout with solid bullish candles.
RAILTEL CORP BUY IDEA 03.01.2023NSE:RAILTEL is closed above major resistance of 127.50. My idea is to take entry at 127.50 with stop loss of only 123 (-4.50 Points Risk).
My expected upside target will be 136 & 143.50. it may take up to 1-2 weeks.
Note: This is my personal analysis, only for learning. Thanks.
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.
RAILTEL looks like reversing the trend soon stay tunedRailtel showing signs of trend reversal
Above 105 can act as a confirmation
Head and shoulder breakout coming soon
Also has broken the down trend line
Railtel Looking good. Long term investment good Dividend payer.Railtel Corporation of India Limited is a Public Sector undertaking under Ministry of Railways. Railtel is at the forefront of providing nationwide Broadband Telecom and multimedia network in all parts of the country in addition to modernization of train operations and administration network systems.
Valuations are decent as the stock trades at a PE of 16. Dividend yield at CMP is around 2.8% which can also be considered excellent. Fresh entry can be taken after closing above 105.25. The targets for the stocks will be 110 and 112. Long term target of the stock 9 months to 12 months can be 121 and 128. You may keep a trailing stop loss at closing below 91.
Railtel is a long term / defensive / slow moving investment idea.
Swing Trade PlanPlease find the SETUP on the chart..............................................................
Railtel chart with target and stoplossRailtel retesting the breakout and on strong support area to buy for 23% target with SL of 7%.
RailTelExpecting this pattern to form and stock may find some hurdles at mentioned levels. Watch and take a position.
RailTel - keep eye on itIt's in consolidation period.
Seller become weak - just observe it - if stays positive for few days than definitely buy.
