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...
Sir tomorrow view... Today your chart very helpful for me... Thanks a lot 🙏
rohitgupta161087
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@Bittuquadir my pleasure bro.. today we have an unexpected fall in RBL Bank... it should hold 178 for now.. below 178 buy will be a litle risky so i am holding my longs with sl below 178
Bittuquadir
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@rohitgupta161087, thank you sir, giving valuable information.... 👌👌Sir if you have time so please view India bull housings fin.. I am in a trouble with this.. I am hold this share on the price of 210 Rs... 🙏🙏🙏
rohitgupta161087
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@Bittuquadir, its up from where we last discused.. now 200 is acting as a strong base... til the time 200 is there u can see your price soon and if 210-211 is taken out with volume we might se 220 again but this time 200 is major suport and 210-212 zone is a hurdle for thsi scrip
Thanks a lot.. Share the valuable information..
Sir any view for Indiabull housing finance.. Please share it...
rohitgupta161087
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@Bittuquadir For sure. just came home from work.. will check and revert you back after some time
rohitgupta161087
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@Bittuquadir, i have checked ibullhsgfin.. after taking a breakout from 175-185 zone its under consolidation zone or paralel cahnel basiclay called a flag.. the trend is still up and once it will give a flag breakout a fresh upmove can be seen in this stock with 1st target of 250++.. one can hold long positions if any with sl below 175 fresh positions only after flag breakout.. i wish i could post chart here to explainn you more clearly.. hope this helps