RAILTEL CORP OF IND LTD
Panjang

Possible trend breakout in Railtel?

509
From the past few months stock was in a down trend, now it has finally given breakout from its consolidation. Previously price level of 105-108 was acting as a resistance, now price has closed above this level indicating a possible shift in the trend.

If stock manages to sustain above this price, we can expect a decent rally in coming days. All possible targets are marked on the chart. Stop-loss can be maintained at 96.

This is just a view, not recommendation to trade. Do your own analysis before making any investment decision.

Do like, share and comment your thoughts.

RAILTEL

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.