RBL bank

Updated
Price is moving inside a channel formation and now it is testing the upper trend line of the channel. Bullish if it acts as support and bearish if price rejects it. Trend direction deciding zone 269 - 272.

Buy above 269 with the stop loss of 266 for the targets 272, 275, 278 and 281.
Sell below 262 with the stop loss of 265 for the targets 259, 256, 253 and 249.

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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Note
snapshot
Trade active
Long.
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T1 done. snapshot
Parallel Channel

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