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RBL BANK LTD
Long
Jun 1, 2020
RBLBank - Can we see a breakout tomorrow??
4
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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
Garey_Singh
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