A notable recovery is observed in RVNL stock performance

As per the current analysis, after a healthy correction from ₹647 to ₹305, the stock appears to be showing signs of a potential reversal on the upside. In my view, an ideal buying range lies between ₹410 and ₹420, with a suggested stop-loss at ₹350. The short-term target is estimated around ₹500, while the positional target is projected to be approximately ₹650.

Disc: I AM NOT A SEBI REGISTERED. PLEASE CONSULT WITH YOUR FINANCIAL ADVISOR BEFORE INVEST ANY AMOUNT ON THE BASIS OF MY RESEARCH.