RVNL - Technical Analysis

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

📊 Technical Analysis for Rail Vikas Nigam Ltd (RVNL) Technical Rating: 2.7

📉 Trend Overview

Current Price: ₹360

50 DMA: ₹385 → Price below short-term average

200 DMA: ₹392 → Price below long-term average

Trend Status: Reversing downward after a steep correction from 52-week high

🔍 Momentum Indicators

RSI (31.4): Near oversold zone → bearish sentiment

MACD (-8.62): Strong negative crossover → downward momentum

Bollinger Bands: Price near lower band → oversold conditions, potential bounce

Volume: 45.7L vs 1-week avg of 40.3L → slightly above average, but not confirming reversal

📌 Support & Resistance Zones

Level Price (₹)

Support 1 350–355

Support 2 330–335

Resistance 1 370–375

Resistance 2 385–390 (50 DMA)

Trendline Support: Sloping down from ₹385 through ₹355

Breakout Zone: ₹390+

Consolidation Zone: ₹355–375

🎯 Entry & Exit Strategy

Optimal Entry: ₹350–355 (near support, oversold RSI)

Exit Zone: ₹375–385 (approaching resistance)

Stop Loss: ₹330 (below key support)

⚡ Short-Term Signals

Momentum: Weak; MACD and RSI both bearish

Volume: Slightly elevated, but not yet signaling accumulation

Price Action: Lower highs and lower lows

Volatility: Expanding Bollinger Bands → possible sharp move

🧭 Conclusion

RVNL is currently reversing from its previous uptrend and showing signs of technical weakness. Indicators suggest caution, with bearish momentum and price trading below key moving averages. A short-term bounce from oversold levels is possible, but confirmation via volume and MACD reversal is essential before considering a bullish stance.

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