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RBLBANK - Bullishness with Trendline Support
RBL BANK LTD
Long
RBLBANK - Bullishness with Trendline Support
By BrahmaBull31
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Updated
Aug 25, 2022
2
Aug 23, 2022
NSE: RBLBANK is looking to breakout from the consolidation range.
Today's volumes indicate a huge demand and should move the stock to previous swing highs in the coming days.
The stock has been in a continuous uptrend with trendline supporting the upmove.
One can look for a 6% to 10% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Aug 25, 2022
Trade closed: target reached
This has moved swiftly to achieve gains of close to 23% in the last two days.
Support and Resistance
Trend Lines
BrahmaBull31
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