🚂🚂🚂
The Parabolic Peak: RVNL has become the poster child for "PSU Mania."
The chart shows a classic "Blow-off Top" with vertical price action on massive retail volume.
The Derailment Drivers:
Profit Booking Gravity: The stock is prone to "News-Driven Exhaustion."
Every major order announcement is now met with a "Sell the News" reaction.
Margin Pressure: While the order book is huge, these are low-margin infrastructure projects.
If commodity prices (Steel/Cement) stay high due to Middle East tensions, these fixed-price contracts will see significant margin erosion.
The Gap-Down Risk: There are multiple "unfilled gaps" lower on the chart.
The Parabolic Peak: RVNL has become the poster child for "PSU Mania."
The chart shows a classic "Blow-off Top" with vertical price action on massive retail volume.
The Derailment Drivers:
Profit Booking Gravity: The stock is prone to "News-Driven Exhaustion."
Every major order announcement is now met with a "Sell the News" reaction.
Margin Pressure: While the order book is huge, these are low-margin infrastructure projects.
If commodity prices (Steel/Cement) stay high due to Middle East tensions, these fixed-price contracts will see significant margin erosion.
The Gap-Down Risk: There are multiple "unfilled gaps" lower on the chart.
Trade attivo
still trending down for#RVNL
#nifty
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.