RVNL SWING TRADERail Vikas Nigam Ltd.NSE:RVNLASHxBILLIONAIREENTRY 200-225 SL 190 TP-1 370 ETA (1-3 MONTHS) TP-2 501 ETA (1-6 MONTHS) TP-2 650 ATH (1-2 YEAR) CONFLUENCES FVG+FALLING WEDGE FULL ANALYSIS --- # **RVNL | Weekly Demand Zone + Liquidity Sweep | High R:R Reversal Setup** RVNL has been in a sustained correction after its strong impulsive rally, retracing toward a major higher-timeframe demand zone. Price is now testing a key support region where multiple technical confluences suggest the potential for institutional accumulation. Although the broader trend remains corrective, the current location offers an attractive asymmetric opportunity if buyers confirm a reversal. ## Key Technical Observations * Price has reached a significant **weekly demand zone**, which previously acted as the origin of a strong bullish expansion. * A **Previous Weekly Low (PWL) liquidity sweep** has occurred, indicating sell-side liquidity may have been engineered before demand entered the market. * The long-term descending trendline continues to cap price, making it the first major confirmation level for a bullish reversal. * An overhead **Inverse Fair Value Gap (IFVG)** between approximately **₹350–₹390** represents the first major inefficiency and liquidity target. * A larger weekly IFVG near **₹500–₹570** remains unfilled and could become the next objective if bullish momentum strengthens. ## Bullish Scenario If the weekly demand zone continues to hold and market structure shifts bullish, the expected roadmap becomes: **Weekly Demand → Break Descending Trendline → TP1: ₹373 (Buy-Side Liquidity) → TP2: Weekly IFVG (₹500+) → ATH: ₹647** A weekly close above the descending trendline would provide the first meaningful confirmation that the correction is losing momentum. ## Bearish Scenario A sustained weekly close below the highlighted demand zone would invalidate the bullish setup and suggest that further downside remains possible. Until that occurs, the current support area continues to favor a constructive outlook. ## Smart Money Perspective **✓ Weekly Demand Zone** **✓ Sell-Side Liquidity Sweep (PWL)** **✓ Descending Trendline Compression** **✓ Overhead IFVG Acting as Liquidity Magnet** The confluence of higher-timeframe demand, liquidity engineering, and nearby inefficiencies makes this an area worth monitoring closely. Confirmation remains the key before assuming a trend reversal. ## Trade Plan **Bias:** Cautiously Bullish **Entry:** Wait for bullish confirmation or a weekly market structure shift above the descending trendline. **Invalidation:** Weekly close below the demand zone. **Target 1:** ₹373 (Buy-Side Liquidity) **Target 2:** ₹500–₹570 (Weekly IFVG) **Final Target:** All-Time High at **₹647** ## Conclusion RVNL is approaching one of its most technically significant locations since the previous rally. The combination of higher-timeframe demand, a liquidity sweep, descending trendline resistance, and multiple overhead liquidity targets creates a favorable long-term risk-to-reward profile. As always, patience is essential. Let price confirm institutional buying before increasing exposure. > **"The best opportunities often emerge where higher-timeframe demand and liquidity converge."** *This analysis is for educational purposes only and reflects my personal interpretation of price action. It is not financial or investment advice. Always conduct your own research and manage risk appropriately.*