rohitgupta161087

Inverted HNS pattern on RBL Bank 1hr timeframe initating a long

Long
NSE:RBLBANK   RBL BANK LTD
RBL Bank is been trading in a range and formed a Inverted HNS pattern on 1hr TF.. and the neckline brokeout on 7aug. now the scrip its retesting its neckline.. a long trade can be initiated here with stoploss of previous swing low for target of recent swing highs and even more...
Comment:
Tested a low of 175.85 and now trading at 183...
Comment:
near its first target.. todays high 189.4
Comment:
target 1 done today
Comment:
target 2 done

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.