RVNL is currently trading around ₹346.60, with key moving averages (20, 50, 100, 200-day) indicating a neutral trend as the price hovers close to these averages. The Relative Strength Index (RSI) is about 52, showing a balanced momentum without clear overbought or oversold conditions. Oscillators like Stochastic RSI and Commodity Channel Index (CCI) indicate a slight downtrend or neutral stance, while Money Flow Index (MFI) suggests some buying interest. Support levels stand near ₹340-343, with resistance around ₹349-357. Given these levels, the stock is likely to trade sideways or consolidate in the short term. A break above resistance could trigger a positive move, while failure to hold supports may result in short-term weakness. Overall, RVNL shows a balanced technical picture, needing confirmation from price action around pivot and moving average levels for the next directional move
BUY : RVNL28OCT25350CE( RVNL ) [115644]
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