RBL Bank Seems A Good Buy on Dips As Well !
Dear All ,
RBL Bank Seems A Decent Bet for Playing Longs At Current price as well as On Dips ! After Completing A 5-Wave Correction , It has given Reversal with Positive Divergence with RSI .
It seems that Now It has Completed 1st Wave (Implusive) & 2nd (Corrective) . So We should start buying it above 565 Rs. !
Strategy :
Entry : Buy Above 565 Rs.
Targets : 580-600+ Rs.
SL : 540 Rs. (CLBS)
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
RBL Bank Seems A Decent Bet for Playing Longs At Current price as well as On Dips ! After Completing A 5-Wave Correction , It has given Reversal with Positive Divergence with RSI .
It seems that Now It has Completed 1st Wave (Implusive) & 2nd (Corrective) . So We should start buying it above 565 Rs. !
Strategy :
Entry : Buy Above 565 Rs.
Targets : 580-600+ Rs.
SL : 540 Rs. (CLBS)
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
Note
Note
Entry wasn't triggered ; A Safe Bet Above 565Trade active
565 to 571.5 So Far :)Trade closed manually
575 Rs. Now ; 2% Up ; Conservative Traders Can Book Partial ProfitsNote
Recommended to Buy on Dips ; Lows of 548 & Rally to 577 Rs. :)
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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.
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.