RAIL VIKAS NIGAM LTD - RVNL
RVNL -
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
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
Note
Didnt work out as intended.
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