Rail Vikas Nigam Ltd – Technical Snapshot

Rail Vikas Nigam Ltd – Technical Snapshot (SEBI Reg. INH000019886 | Educational Purpose Only) RVNL has formed a strong base near the 305–315 zone, confirmed by a triple-bottom structure with rising volume support. Price has bounced sharply from lower Bollinger Band and reclaimed short-term averages, indicating early trend reversal strength. Improving RSI and MACD momentum further support the shift. Key Levels: 🔼 Resistance: ₹335 – A breakout above this can open a sharp move toward ₹450–₹500. 🔽 Supports: ₹323 / ₹311 Technical Structure: A prolonged downtrend is showing exhaustion, and fresh accumulation at the base with volume surge hints at a potential medium-term trend change. Once ₹335 is crossed decisively, a vertical breakout toward higher targets becomes likely. ⚠️ Educational only; not a buy/sell recommendation.