RBL BANK LTDLong
RBL --- Monthly RSI in 50 range
Monthly RSI entering 50 is supposed to be strong. It can give us a multibagger over a period of 1 year or so.
Enter once RSI sustains over 50.
Exit upon RSI reaching 80 on monthly charts only.
5 March 2021
CMP - 242.35
Target - at least 100% in 1-2 years!
Stop Loss - Rs.205/-
RSI above 50 is not my strategy. Video Link in Related Ideas at bottom.
I am taking position in RBL when RSI crosses and stays over 50 for 1-2 days.
I will update in the comments section.
Enter once RSI sustains over 50.
Exit upon RSI reaching 80 on monthly charts only.
5 March 2021
CMP - 242.35
Target - at least 100% in 1-2 years!
Stop Loss - Rs.205/-
RSI above 50 is not my strategy. Video Link in Related Ideas at bottom.
I am taking position in RBL when RSI crosses and stays over 50 for 1-2 days.
I will update in the comments section.
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