RVNL Forming Good Patterns. Ready for an upmove?
RVNL
At a support level and forming multiple patterns. It offers good RR at this level.
- Double Bottom
-Cup & Handle
-Trendline Breakout.
-Candles were narrow right before a breakout and volumes were dry during the pullback.
Positional SL is 13%, If you are an aggressive player then you can place the SL below 428. Adjust the SL and Targets as per your style/appetite.
520 will be a crucial level. Watch the PA there and decide on booking/further addition or fresh entry.
Please consult with your financial advisor before investing. The chart shared is for educational purposes.
At a support level and forming multiple patterns. It offers good RR at this level.
- Double Bottom
-Cup & Handle
-Trendline Breakout.
-Candles were narrow right before a breakout and volumes were dry during the pullback.
Positional SL is 13%, If you are an aggressive player then you can place the SL below 428. Adjust the SL and Targets as per your style/appetite.
520 will be a crucial level. Watch the PA there and decide on booking/further addition or fresh entry.
Please consult with your financial advisor before investing. The chart shared is for educational purposes.
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