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NSE: Is the RVNL Topping or Just Consolidating?

free rvnl stock tips chart

free rvnl stock tips chart

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.40Rs.43.

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

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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