Should you buy or sell RVNL post Q1 results; here's what chart suggests

Q: How long will it take to read this news story?

The story "Should you buy or sell RVNL post Q1 results; here&#039;s what chart suggests" has 544 words across 22 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Should you buy or sell RVNL post Q1 results; here&#039;s what chart suggests" was covered 11 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 271 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21994587</li><li>URL: https://beamstart.com/news/should-you-buy-or-sell-17231767327410</li></ul>

Business Standard Logo Business Standard 11h ago

Should you buy or sell RVNL post Q1 results; here's what chart suggests - Business Standard

Quick Summary:

The overall bias for RVNL stock is likely to remain positive as long as the stock holds above Rs 490 levels; however, current momentum hints at likely 9 per cent downside risk at the counter.

RVNL is engaged in the business of executing all types of railway projects including new lines, doubling of rail lines, railway electrification, metro projects and construction of cable-stayed bridges etc.

The stock, however, trades at almost 341 per cent higher when compared to its 52-week low of Rs 122.