RVNL Forming Good Patterns. Ready for an upmove?

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.