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RVNL Forming Good Patterns. Ready for an upmove?

597
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.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.