RITESRITES showing good strength in recent session. And currently trading near strong hurdle. It has a strong resistance near 310-15 levels and rejected many times earlier. So if now closing above 315 may start new momentum rally in the counter which may continue for next 20-22% upwards. On lower side 270 seems very good support But closing above 315 is very crucial. I would avoid before that but surely keep a closer watch on it.
Railway
RVNLLooks good on Chart.
Breakout possible.
Long Consolidation done.
Above all EMA.
Good for Short term.
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Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
#IRFC INTRADAY TRADE SETUP Greetings Folks,
today i have prepared a setup of IRFC on NSE
the analysis is as follows
- the price made a retracement
- now following a dynamic resistance and support
- i have also marked the S NYSE:R flip zone
- can breakout either side
dont play with fire, always use a predefined stoploss
#TEXRAIL trade idea setupGreetings Folks,
today i have prepared a setup on TEXRAIL on NSE
the analysis is as follows|
- currently pumping bcoz of rail narrative
- following dynamic support
- forming a chart pattern which is bullish
- previous high broken with volume
dont play with fire, always use a predefined stoploss
ConcorContainer Corporation of India Limited is a wholly owned subsidiary of Indian Railways.
Technically right now we are trading In all time high teritory.
Already we seen Pole n Flag pattern Breakout on charts at level of 610-620
If this weekly closing confirms All Time High breakout 680 levels and sustains above then we can expect more 15-20% with RR 1:2
Strict SL of 620
Note - Please concern with your financial advisor before taking any entry or exit.