RAIL VIKAS NIGAM LTDPanjang
#RVNL TRADE IDEA SETUP
Greetings Folks,
today i have prepared a setup on RVNL on NSE
the analysis is as follows
- the price DID NOT gave a satisfactory breakout of the previous high which is also the ATH
- the volume is marginally low
- i have mentioned 2 support zones the above one is the immediate one which price can retest to again breakout the ATH with good volume
- the zone below is the important zone, it should not be broken for the price to continue a bullish trend
- do not try to time your entries, the market MAY OR MAY NOT can reverse, but we are not the not to decide until we have a good bearish structure
dont play with fire, always use predefined stoploss
today i have prepared a setup on RVNL on NSE
the analysis is as follows
- the price DID NOT gave a satisfactory breakout of the previous high which is also the ATH
- the volume is marginally low
- i have mentioned 2 support zones the above one is the immediate one which price can retest to again breakout the ATH with good volume
- the zone below is the important zone, it should not be broken for the price to continue a bullish trend
- do not try to time your entries, the market MAY OR MAY NOT can reverse, but we are not the not to decide until we have a good bearish structure
dont play with fire, always use predefined stoploss
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.
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.