🚄 RailTel Corporation of India Ltd. (CMP ₹377.90) – Swing & Positional Trade Setup
RailTel Corporation of India Ltd. is a Mini Ratna PSU under the Ministry of Railways. The company provides telecom and network infrastructure across India and has recently been in focus due to large government contracts and digital initiatives like BharatNet and station Wi-Fi expansion.
The stock has corrected slightly from its recent highs and is now trading near a key support level — making it interesting for both swing and positional traders.
📊 Company Snapshot
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CMP: ₹377.90
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Sector: Telecom Infrastructure / PSU
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52-Week Range: ₹217 – ₹485
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P/E Ratio: ~28×
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Market Cap: ~₹12,000 Cr
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Key Positive: Strong government order book and steady revenue growth.
Fundamentally, RailTel remains a stable PSU with improving earnings visibility. The recent consolidation offers a healthy setup for short- to medium-term trades.
⚙️ Swing Trade Setup
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Entry Zone: ₹375 – ₹382
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Stop Loss: ₹358 (Closing Basis)
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Target 1: ₹405
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Target 2: ₹425
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Expected Holding Period: 7 – 15 trading days
Reasoning:
RailTel is taking support around ₹375. If the price sustains above ₹380 with rising volume, a rebound toward ₹405–₹425 looks likely in the short term. RSI is neutral, giving room for upward movement.
Swing traders can aim for 8–12% profit in around 1–2 weeks if momentum continues.
🏁 Positional Trade Setup
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Entry Zone: ₹370 – ₹380
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Stop Loss: ₹345 (Closing Basis)
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Target 1: ₹440
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Target 2: ₹480
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Expected Holding Period: 3 – 6 weeks
Reasoning:
On the weekly chart, the stock has been forming higher lows since early 2024. Sustaining above ₹380 can lead to a fresh uptrend toward ₹440–₹480, especially if PSU or telecom stocks continue to gain traction.
🧭 Trade Plan Summary
| Type | Entry | Stop Loss | Target(s) | Duration |
|---|---|---|---|---|
| Swing Trade | ₹375–₹382 | ₹358 | ₹405–₹425 | 7–15 days |
| Positional Trade | ₹370–₹380 | ₹345 | ₹440–₹480 | 3–6 weeks |
⚠️ Key Points to Remember
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Always maintain stop-loss on a closing basis.
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Book partial profits near the first target and trail stop to lock in gains.
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PSU stocks can be news-driven — track order wins, government contracts, and budget announcements.
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Avoid fresh entry if the stock closes below ₹358 — that would indicate a breakdown.
💬 Conclusion
RailTel (CMP ₹377.90) is trading near a crucial support zone, offering a good risk–reward setup for both swing and positional traders.
With strong fundamentals, steady order inflows, and PSU momentum, the stock could deliver 8–25% upside over the next few weeks — provided key supports hold firm.
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