Rail Vikas Nigam has slipped on profit booking and weak technicals after last year's PSU rally. The stock trades below key EMAs, with RSI under 40 and MACD negative. Support lies at ₹310-₹290, resistance at ₹350-₹400. Analyst Deepak Pal sees sideways-to-bearish near term, but long-term strength from infra order book could lift RVNL toward ₹450-₹500 if momentum returns.