NeelamN

RBLBANK at channel resistance with Evening star

Short
NSE:RBLBANK   RBL BANK LTD
RBL BANK is one such stock which can give you solid returns when it shows signs of falling.

This is one such scenario where it has made a lower high at channel resistance with evening star and also stochastic indicator has given a negative cross over at the same point.

To make money on this opportunity, we may SELL 145 CE option easily hedging it with 150 CE BUY.

Plan your Trade! Trade your Plan!
Happy Trading !
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.