Stock Radar: RVNL showing signs of reversal after falling over 40% from highs; time to buy?

Rail Vikas Nigam Limited stock shows early bullish reversal signs near 220. Experts suggest buying for a target above 250 in coming weeks. The stock has reclaimed its 20-day moving average and is near the 50-DMA. A breakout above 233 could signal a fresh bullish leg for the stock. Traders can consider a stop loss below 218 on a closing basis.

Raccontata daeconomictimes.indiatimes.com