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Business News/ Markets / Stock Markets/  Multibagger Railway stocks RVNL, IRFC, IRCON, RITES , RailTel may see up to 30% upside- Prabhudas Lilladher
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Multibagger Railway stocks RVNL, IRFC, IRCON, RITES , RailTel may see up to 30% upside- Prabhudas Lilladher

Stock Markets- Multibagger Multibagger Railway Stocks RVNL, IRFC, IRCON, RITES , RailTel may see up to 30% upside suggests technical thematic by Prabhudas Lilladher.

Multibagger Railway Stocks RVNL, IRFC, IRCON, RITES , RailTel may see up to 30% upside- Prabhudas LilladherPremium
Multibagger Railway Stocks RVNL, IRFC, IRCON, RITES , RailTel may see up to 30% upside- Prabhudas Lilladher

Multibagger Railway stocks Rail Vikas Nigam Ltd (RVNL), Indian Railway Finance Corporation (IRFC) ,IRCON International , RITES Ltd , RailTel Corporation of India share prices may see up to 30% more upside suggest technical thematic report by Prabhudas Lilladher Pvt Ltd. 

Rail Vikas Nigam Ltd (RVNL) share price is trading close to 284 levels. Prabhudas Lilladher has given a target price of 315-340 with a stop loss at 255 for Rail Vikas Nigam Ltd (RVNL) share price.

Rail Vikas Nigam Ltd (RVNL) share price has seen good rise from the significant 50 days EMA (exponential moving average) level of 252 to gain strength and has moved past the previous peak zone of 271 levels to improve the bias and further rise is anticipated in Rail Vikas Nigam Ltd (RVNL) share price. The Relative Strength Index (RSI) has spiked after the consolidation period signaling a buy. With the chart looking attractive, Prabhudas Lilladher suggest to buy Rail Vikas Nigam Ltd (RVNL) share for  an upside target of 340 level for Rail Vikas Nigam Ltd (RVNL) share price keeping the stop loss of 255 level.

Also Read- Top Stock Recommendations: Osho Krishan of Angel One suggests buying FACT and Varun Beverages today

Indian Railway Finance Corporation (IRFC) share price, is  trading close to 148 levels. Prabhudas Lilladher has given target price of 180-195 with stop loss at 131.

Indian Railway Finance Corporation (IRFC) share price has been in a rangebound consolidation period and once again from the level of 142 it has picked up to move past the important 50EMA level of 141.50 improving the bias. Indian Railway Finance Corporation (IRFC) share price is anticipated to perform well in the coming days. The RSI for Indian Railway Finance Corporation (IRFC) share price has shown improvement with a trend reversal indicated signaling a buy and has potential to carry on with the positive move further ahead. With the chart looking attractive, Prabhudas Lilladher suggest to buy the Indian Railway Finance Corporation (IRFC)  for an upside target of 195 level keeping the stop loss of 131 level for Indian Railway Finance Corporation (IRFC) share price.

IRCON International share price is trading at close to .235 Prabhudas Lilladher has given a target price of 260-280 for IRCON International share price with a stop Loss at 210.

IRCON International share price has been consolidating with recently support taken near 212 zone and moving past the significant 50EMA level of 220. IRCON International share price has shown improvement to anticipate for further rise in the coming days. 

The RSI has indicated a trend reversal signaling a buy and IRCON International share price is well placed with much upside potential visible. Prabhudas Lilladher suggest to buy IRCON International for an upside target of 280 level for IRCON International share price keeping the stop loss of 210 level.

Also Read- RVNL share price jumps 4% from intraday low after winning Indian Railway project worth 440 crore

RITES share Price  is trading at close to 670 level. For RITES share price Prabhudas Lilladher has given a Target price of 755-805 with a stop loss at  617.

RITES share Price has indicated a higher low formation on the daily chart taking support near 634 zone and with a pullback witnessed has just moved past the 50EMA zone of 673 to improve the bias anticipating for further rise in RITES share Price. The RSI is well placed with upside potential visible for RITES share Price which can propel RITES share Price to higher targets of 760 and 805 levels in the coming days. 

With the chart looking good, Prabhudas Lilladher suggests to buy and accumulate the RITES share Price for an upside target of 805 keeping the stop loss of 617 level.

RailTel Corporation of India share price is trading at close to 387 levels. For RailTel Corporation of India share price Prabhudas Lilladher has recommended a target price of 450-480 with a stop Loss at 348 

RailTel Corporation of India share price has made a higher bottom formation on the daily chart taking support near 350 zone. With a pullback witnessed by RailTel Corporation of India share price moving past the significant 50EMA zone of 378 has improved the bias anticipating for further rise for RailTel Corporation of India share price. The RSI is well placed indicating a trend reversal, with upside potential visible for RailTel Corporation of India share price which can help the RailTel Corporation of India to gain further. 

With the chart looking good, Prabhudas Lilladher suggest to buy RailTel Corporation of India and accumulate the stock for an upside target of 480 keeping the stop loss of 348 level for RailTel Corporation of India share price.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions

 

 

 

 

 

 

 

 

 

 

 

 

19.7, 30.8, 16.18 , 19.08, 21.22

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Published: 25 Apr 2024, 10:41 AM IST
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