NiftyBreakouts

RVNL - Ready for Next 40%

Long
NSE:RVNL   RAIL VIKAS NIGAM
I started riding RVNL all the way from 25-28 levels to all the way till 199.

It consolidates for few weeks then sudden sharp jump for a week or two, this pattern has been repeating for few times now.
I have previously shared RVNL @ 124 with Target -200 and it made high of 199.25

Now the same pattern is repeating again and RVNL is getting multiple orders worth $ millions. RSI is going 50 + and MACD is turning positive.



Target - 230(40%)
SL - 141

Study the stock and trade responsibly.

Clause de non-responsabilité

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