RVNL - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 2.7

RVNL is currently showing signs of a weak technical setup for aggressive intraday trading. Although fundamentals remain fairly sound and recent profit growth is encouraging, momentum indicators point to bearish undercurrents that temper enthusiasm.

📉 Technical Overview

Current Price: ₹360

Below 50 DMA (₹385) and 200 DMA (₹392) → Confirmed downtrend

RSI: 31.4 → Oversold but not yet reversing; risk of further downside

MACD: -8.62 → Strong bearish momentum persists

Volume: 45.66L vs 1W Avg 40.32L → Slightly above average, but not enough to confirm reversal or breakout interest

🧭 Intraday Strategy

✅ For New Entry

Buy Zone: ₹355–₹358 on intraday dip near demand zone

Profit Targets

₹365 → scalp target if RSI bounces to 34+

₹373 → aggressive take if MACD slope flattens and price clears 50 DMA

Stop-Loss: ₹352

🔄 If Already Holding Today

Maintain position only if price sustains above ₹358

Monitor closely

Exit partially near ₹365 if momentum is weak or candles show upper-wick rejection

Full exit near ₹373 if volume doesn't build and MACD remains negative

Exit below ₹352 on further RSI deterioration or red volume spikes

💡 Fundamental Snapshot

EPS: ₹6.15, P/E: 58.5 vs Industry PE: 23.8 → High valuation; pricing in strong growth

ROCE: 14.7%, ROE: 14.0% → Reasonable efficiency levels

Debt-to-Equity: 0.57 → Lean structure

PAT Q-o-Q Growth: ₹459 Cr vs ₹311 Cr → Positive trend, though not reflected in short-term price action

Institutional Movement: Mixed → Minor FII pullback, small DII increase

RVNL isn’t offering the best intraday risk-reward today unless oversold conditions reverse convincingly. Want me to scan railway infra peers or broader PSU momentum setups for something more turbo-charged? I’m ready to dig deeper 💥📊.

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