MoneyMunch.com

NSE: Is the RVNL Topping or Just Consolidating?

Posted: 28 Nov 2021 10:08 PM PST

RVNL is fundamentally very strong. I have included this stock for your portfolio in my recent article (8 Indian Stocks That Can Turn 1 Lakh Into 10 Lakh by 2030).

Notice the volume bar spike. According to the volume study, this share price will consolidate here. And will hit the support trendline. RVNL stock price may touch the red support trendline due to the high volatility available there. Afterward, we may see a strong reversal. Be ready to see again Rs.40 – Rs.43.

And short-term and long-term targets are available in the previous newsletter.

Would you like to get our share market updates instantly?
Click the link to join: Free Stock Tips

Do you want to get premium NSE calls?
Click the link to subscribe: Premium NSE Stock Tips

If you have any questions or concerns about the stock market, don’t hesitate to contact me:

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

The post NSE: Is the RVNL Topping or Just Consolidating? appeared first on Moneymunch.