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RVNL - Bullish Consolidation Breakout with Volumes
RAIL VIKAS NIGAM LTD
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RVNL - Bullish Consolidation Breakout with Volumes
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4月23日
4
4月23日
NSE: RVNL is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 15% to 25% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
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Candlestick Analysis
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