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Bullish breakout in RVNL; analyst sees upside to ₹500
short by / on Thursday, 5 June, 2025
Rail Vikas Nigam Ltd (RVNL) showed steady execution and a positive technical outlook despite some earnings pressure in its latest results, according to analyst Harika Enjamuri. Technical indicators show strong momentum after a confirmed chart breakout. She adds that rise above ₹425 could target ₹500, while a drop below ₹400 may invalidate the breakout.
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