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Garey_Singh
Jun 1, 2020 4:41 PM

RBLBank - Can we see a breakout tomorrow?? Long

RBL BANK LTDNSE

Description

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+

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