Stock analysis Rail Vikas Nigam Limited RVNL
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Recent prices of RVNL Rail Vikas Nigam Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 21 Mon Oct 2024 | 465.65 | 463.00 to 482.95 | -2.44% | 0.35 times |
| 18 Fri Oct 2024 | 477.30 | 470.10 to 486.50 | -2.51% | 0.57 times |
| 17 Thu Oct 2024 | 489.60 | 485.00 to 514.65 | 2.09% | 2.36 times |
| 16 Wed Oct 2024 | 479.60 | 470.70 to 487.25 | 1.14% | 0.59 times |
| 15 Tue Oct 2024 | 474.20 | 466.65 to 477.00 | 0.79% | 0.33 times |
| 14 Mon Oct 2024 | 470.50 | 467.25 to 478.90 | -1.03% | 0.35 times |
| 11 Fri Oct 2024 | 475.40 | 472.00 to 487.35 | -1.07% | 0.52 times |
| 10 Thu Oct 2024 | 480.55 | 475.20 to 485.85 | -0.06% | 0.41 times |
| 09 Wed Oct 2024 | 480.85 | 475.00 to 500.75 | -1.27% | 0.94 times |
| 08 Tue Oct 2024 | 487.05 | 426.45 to 494.85 | 7.83% | 2.36 times |
| 07 Mon Oct 2024 | 451.70 | 442.30 to 498.00 | -8.45% | 1.57 times |
| 04 Fri Oct 2024 | 493.40 | 483.65 to 510.80 | -3.16% | 0.78 times |
Technical analysis forecast for Rail Vikas Nigam Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Rail Vikas Nigam Limited RVNL at this time. Stock is falling and might fall more.
It appears as if Rail Vikas Nigam Limited RVNL gave a large move recently.
Stock of Rail Vikas Nigam Limited (RVNL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Rail Vikas Nigam Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Rail Vikas Nigam Limited stays below 470, but if it comes above 470, then a intra day buy could be more profitable.
If you take a sell trade below 470, then use 470 as stoploss and 439.6 as target. However if you take a buy trade in Rail Vikas Nigam Limited, then use 470 as stoploss and 495.24 as target.