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RBL BANK LTD
Long

Buy RBL Bank for 50% upside

By JMvalueinvest
Updated
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
Chart PatternsTechnical Indicators
JMvalueinvest

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