RBL BANK LTDShort
RBL BANK - Sideways to bearish journey ahead
As we can see stock doing sideways journey from past quarter between 160 - 180
Finally trend line has also been broken recently
Now at this point it seems that stock will resist one final time at previous resistance area of 178 - 180
If happens so, it may also try to give a pull back till the trend line or previous support area of 158 - 160
Post that it may trend upside again
Lower time frame confirmation is compulsory for trade
Trade Cautiously !
Finally trend line has also been broken recently
Now at this point it seems that stock will resist one final time at previous resistance area of 178 - 180
If happens so, it may also try to give a pull back till the trend line or previous support area of 158 - 160
Post that it may trend upside again
Lower time frame confirmation is compulsory for trade
Trade Cautiously !
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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.