RBL BANK LTD
Long

RBLBank - Can we see a breakout tomorrow??

373
RBLBank

The stock is consolidating in a rectangle pattern in the daily chart.

We are likely to see a momentum breakout above the swing high of 137.

Technical parameters look positive as of now.

****TRADINGEDGE TIME-TREND INDICATOR IS BULLISH IN DAILY****

Mid-Bollinger band (118) can be considered as the nearest SUPPORT.

KEEP AN EYE!! #B+

#tradingedge_academy #SMTA_institute

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.