RBL Bank Ltd.
Long
Updated

RBL BANK

971
Hello & welcome to this analysis

Stock has activated two bullish harmonic patterns within the same potential reversal zone - Deep Crab and Bat.

As long as it holds 135 it could retest 190-200 (gap area), above that 225-235 (area of distribution before breakdown)

Decent risk reward set up for medium term perspective
Trade closed: target reached
Minimum expected target achieved.

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.