Garey_Singh

RBLBank - Can we see a breakout tomorrow??

Long
NSE:RBLBANK   RBL BANK LTD
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

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Garey
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