AnilAwadh

RBL Bank trading near its Lifetime low - FPI Buy Position

Education
NSE:RBLBANK   RBL BANK LTD

Positive Points:
==============
- Stock is trading near its lifetime low.
- Also, RSI positive divergence can be seen on the weekly chart.
- A bulk deal done by FPI (erstwhile FII ) for 256.48 rs .

Negative Points:
=============
- India is struggling with TRUST factor with some banks like PMC, YesBank etc. Keeping in mind, banks like RBL Bank, may be affected badly.

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.