Possible trend breakout in Railtel?
From the past few months stock was in a down trend, now it has finally given breakout from its consolidation. Previously price level of 105-108 was acting as a resistance, now price has closed above this level indicating a possible shift in the trend.
If stock manages to sustain above this price, we can expect a decent rally in coming days. All possible targets are marked on the chart. Stop-loss can be maintained at 96.
This is just a view, not recommendation to trade. Do your own analysis before making any investment decision.
Do like, share and comment your thoughts.
RAILTEL
If stock manages to sustain above this price, we can expect a decent rally in coming days. All possible targets are marked on the chart. Stop-loss can be maintained at 96.
This is just a view, not recommendation to trade. Do your own analysis before making any investment decision.
Do like, share and comment your thoughts.
RAILTEL 
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