How can bullish in RVNL? plan for tradeAt this time seller is so active on top level. How can we trade in RVNL buy or sell. Most of the time retailer feel trap at this type of situation.
RVNL trade ideas
RVNL Short Term BuyRVNL looks very Nice on chart. best time to invest with very small risk of Support line and best reward in short term
Swing tradeThis is a very good company in Indian railway sector. This time in chart create rounding bottom pattern in one hour ,make sure profit higher probability.
Again showing speed #baaofbreakoutEntry CMP
Stop loss 122
Breakout 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.
#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
RVNL watch out now at 126 Hi trader's,
RVNL looks very promising on chart. seems like accumulation is going on best time to invest with very small risk of trend line and huge reward in short term. ascending triangle pattern it seems grab it
36.38% UPSIDE POTENTIAL IN RVNLBreakout of crucial resistance has been done in RVNL.
wait for the retest to take it to the upside.
Target - 200
RVNL BREAKOUTBREAKOUT in rvnl after a tight consolidation, now ready to do 150-160-170 and place your stoploss at 134 on closing basis
FUNDAMENTALS:-
PE 18.763
ROE 16.58%
MAIRKET CAP 27314cr
RVNL - ~134- 136 - Swing Trade TargetWill go long once it crosses 127 and close of the candle above the price point.
For educational purpose only, follow price action before entry
RVNLBuy Entry @ 31
Target @ 38
Stop Loss @ 28
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best of luck..
Shakthi
#RVNL trade idea setupGreetings Folks,
today i have prepared a setup on RVNL on NSE
the analysis is self explanatory
- the volume is minimal to this point
- dynamic resistance which can break
- single static resistance tested again
dont play with fire, always use predefined stoploss
#RVNL long trade idea setupGreetings Folks,
today i have prepared an extended setup of RVNL on nse
the analysis is as follows
- the previous setup's support zone has been touched and respected
- price is again ranging and accumulating orders
we can use this as a fuel for next impulse move
don't play with fire , always use pre defined stoploss
#RVNL long trade setupGreetings Folks,
today i have made a setup on RVNL nse
my analysis as follows
- price seem to taken support at the base of impulse rally
- a lot a imbalance or fair value gaps which need to be filled
consider this a range right now
dont play with fire always use pre defined stoploss
selling strat 84 buy levellast support if buying formation then enter other wise
wait 84 level
it will come 84
RVNL - Clear Flag Breakout - BUYRVNL made a flag breakout with good volume and BUY technical indicators. This is a good area to BUY this stock for short term trade and long term trade.
Entry: 128.4
Short term target : 141.5
Short term stoploss : 115.5
Long term target : 286.5
Long term stoploss : 107.5
RVNL kharidoAfter a short term correction, the stock has consistently been forming higher low formation, and formed a inverted head & shoulder and given breakout too,,On last Thursday, the stock has ralled 5% and also formed long bullish candle which is broadly positive.
For trend following traders now, 20 day SMA or Rs.70 would act as a sacrosanct support zone. Above which, it could move up till 83-88. On the flip side, below Rs 70 traders may prefer exit from the trading long positions.
Disclaimer:- I am holding this stock since 3 years from down level to long term. by the way it is very behatreen stock for long term.
Please do like, support, and follow me for daily update.
Catching Falling Knife Series- How to Re-enter High Rally Stock Hello Everyone, I have tried to explain how to enter a stock which has already rallied. I have considered important levels for re-entry purpose. This idea is only for educational purpose & NOT a Buy Call!
RVNL Technical analysis wise long way to goI forgot to post this short term trade on trading view. I took some position near 56 region. Did not expect it will go this fast after the resistance. As per the chart it can go up to 178. I sold all my investment at 103 and left the profit for the moon bag. If the share goes to 178 will cut my full position if not planning to re enter around 83 (previous all time high). Will be lucky if we get that chance.
RVNL: (Swing)RVNL: (Swing)
One can see the completion of a typical expanded flat.
The current trend signifies a 20% up move in the upcoming days.
RVNL IN BULLISH FLAG PATTERN RVNL forming a bullish flag pattern in monthly Time frame. Expected tgt 120±. In between it can retrace at 84 to retest the breakout level. Not a Recommendation. Just sharing my view for Learning purpose.
