Rail Vikas Nigam Ltd view for Intraday 16th May #RVNL Rail Vikas Nigam Ltd view for Intraday 16th May #RVNL
Resistance 380 Watching above 380 for upside momentum.
Support area 370 Below 375 ignoring upside momentum for intraday
Watching below 369 for downside movement...
Above 375 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
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V Trade Point
RVNL trade ideas
Long Term - Railway Fundamental PickRailway stocks are currently trading near their 52-week low because of the market decline. Here are some solid fundamental picks to consider adding to your portfolio for the long term.
📊 Script: RVNL
⏱️ C.M.P 📑- 335
🎯 PE 🏆 - 56.1
📊 Script: RAILTEL
⏱️ C.M.P 📑- 281
🎯 PE 🏆 - 32.4
📊 Script: IRCON
⏱️ C.M.P 📑- 144
🎯 PE 🏆 - 17.7
📊 Script: IRFC
⏱️ C.M.P 📑- 122
🎯 PE 🏆 - 24.5
📊 Script: TITAGARH
⏱️ C.M.P 📑- 748
🎯 PE 🏆 - 34.6
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Rail Vikas Nik Ltd view for Intraday 4th Dec #RVNL Rail Vikas Nik Ltd view for Intraday 4th Dec #RVNL
Resistance 450. Watching above 451 for upside movement...
Support area 430 Below 445 ignoring upside momentum for intraday
Support 430 Watching below 429 for downside movement...
Resistance area 450
Above 435 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Rail Vikas Nigam Ltd view for Intraday 7th Nov #RVNL Rail Vikas Nigam Ltd view for Intraday 7th Nov #RVNL
Resistance 470-471. Watching above 473 for upside movement...
Support area 465. Below 465 ignoring upside momentum for intraday
Support 465 .Watching below 465 for downside movement...
Resistance area 470
Above 470 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point3
Rail Vikas Nigam Ltd for Intraday 31st October #RVNL ResistancRail Vikas Nigam Ltd for Intraday 31st October #RVNL
Resistance 470. Watching above 471for upside movement...
Support area 460. Below 455 ignoring upside momentum for intraday
Support 460.Watching below 459 for downside movement...
Resistance area 470
Above 456 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
RVNL Swing Idea on Daily timeframeRVNL after a long bull run and giving high of 647.00 is now moving in range and creating a descending triangle. My view is that it will continue to move in a range following the trend line from upside. One can go for a buy trade around 530 with a target around 580. Stop loss can be a closing below 510 or 500.
RAIL VIKAS NIGAM LTD - RVNLRVNL -
Daily TF shows a breakout with good volumes. Also a Flag and Pole breakout. RSI above 60.
Good RR for entry around CMP. Safer entry will be above ATH so around 650 levels Strict SL of 545 on closing basis. Target will be Flag Height giving a good RR.
Standard disclaimer :
I am not a REGISTERED SEBI Analyst.
I am not responsible for anyone's losses or gains. These ideas are for my own studies
RVNL symmetrical triangle break out in progressWith great ADX and sub par volumes, RVNL is consolidating in a symmetrical triangle as the breakout failed last time around!
With strong volumes and continuation of momentum, it can break out of the triangle and move towards 580-590 with momentum, it can hit 777 very quick in just one or two quarters. The only lagging factor being that the revenue generation from the first high speed rail project may start in mid 2026 as per some reports, which may start momentum in the stock!
Recently RVNL has tied up with a Malaysian company to execute projects in ASEAN for rail manufacturing and operation in ASEAN region! This is a big boost and can only accelerate post the commencement of the first leg of Ahmedabad Mumbai high speed rail corridor as a proof of concept!
RVNLLooks good on Chart.
Breakout possible.
Long Consolidation done.
Above all EMA.
Good for Short term.
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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 ascending triangle breakout setup in progressRVNL had a long channel for years and channel breakout resulted in TGT of 580. It had a couple of consolidation and now had a short term TGT of 650-660. Once it breaks the ascending triangle Breakout at around 650-660. It has a potential TGT of around 743.
RVNL S/R for 12/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
RVNL to 1000?We're witnessing a significant breakout in RVNL's stock, supported by fascinating fractal patterns. 📈 These patterns often signal a bullish trend, and this case seems no different. Coupled with the Indian government's increasing focus on the railway sector for the upcoming budget, the outlook for RVNL appears even brighter. 🚄✨
For those unfamiliar, Rail Vikas Nigam Limited (RVNL) plays a crucial role in the development of Indian Railways' infrastructure. From constructing new railway lines to the electrification and modernization of existing ones, RVNL is at the forefront of transforming India's railway network. 🌟
With the government's strong inclination towards enhancing railway infrastructure, as hinted in the forthcoming budget, RVNL stands to benefit significantly. This stock is certainly one to watch as it may be on the fast track to substantial growth. 📊📈