Rail Vikas Nigam Ltd.
做多

RVNL Long setup

142
Logic: RVNL has started uptrend, followed by a demand zone on the daily.
The zone lines around 50% of the previous week bullish candle which may be considered a good retracement level.

The demand zone zone formed may act as a netter retracement level and a long opportunity.

A equivalent better demand zone lies on 25 min time frame right above the daily which can act as a turning point of prices.

Keep strict Stop loss and target of 1: 3

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