Buy RBL Bank for 50% upside
RBL bank is consolidating to form the right shoulder of Inverse H&S. At CMP 112, stock offers excellent risk/reward. Buy for tgt 135/167 with SL 105.
Trade closed: target reached
Book profits on 50% of positions at 136, a return of 21%. Hold balance with revised SL of 124.Trade closed: target reached
Book profits on balance 50% positions at 160. Fantastic and quick returns
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.