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RVNL Forming Good Patterns. Ready for an upmove?
RAIL VIKAS NIGAM LTD
Long
RVNL Forming Good Patterns. Ready for an upmove?
Di sagartharayil
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Segui
3 giorni fa
0
3 giorni fa
RVNL
At a support level and forming multiple patterns. It offers good RR at this level.
- Double Bottom
-Cup & Handle
-Trendline Breakout.
-Candles were narrow right before a breakout and volumes were dry during the pullback.
Positional SL is 13%, If you are an aggressive player then you can place the SL below 428. Adjust the SL and Targets as per your style/appetite.
520 will be a crucial level. Watch the PA there and decide on booking/further addition or fresh entry.
Please consult with your financial advisor before investing. The chart shared is for educational purposes.
Cup And Handle
cupandhandlebreakout
cupandhandlepattern
Double Bottom
Double Top or Bottom
Support and Resistance
Trend Line Break
sagartharayil
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