Chartworld1

RBL Bank- Double Opportunity

Long
NSE:RBLBANK   RBL BANK LTD
Moving in a flag pattern with +ve RSI divergence. Inspite of bank nifty being weak. Moving in NR4 and NR7 along with RSI close to 50. Targets can be 300, 410 and 700+. Positional Call for 6-12 months.Price to Book(1.12:1) is very low as compared to other banks.

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