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RVNL Rounding Bottom Formation

Long
RAIL VIKAS NIGAM (NSE:RVNL)  
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NSE:RVNL   RAIL VIKAS NIGAM
Support and Resistance Supply and Demand Cup And Handle breakout
4
0
supportandresistance supplyanddemand cupandhandle breakout
Stock Analysis
  • RVNL is showing an interesting chart pattern with a rounding bottom formation.
  • There is a spike in volume, indicating strong buying interest.
  • The stock is getting ready to break out and reach new levels.

Trading Strategy
  • Target Placement: Follow the target level mentioned on the chart.
  • Stop Loss: Set your stop loss as per the indicated level on the chart.

Watch for the breakout and trade wisely!

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