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RBL BANK LTD
Long

RBLBANK // Ready to Breakout

By Stox_Ware

https://www.tradingview.com/chart/nY4Fdw5c/

RBLBANK: After a long consolidation, it has made a Cup & handle pattern which depicts the Bullish Breakout. The Fibonacci Extension as well as Fibonacci Retracement has superimposed and making a confluence to the prediction. If you could see the volume as well on the same Daily timeframe chart, it is continuously increasing everyday which suggest a huge interest in bulls.
The first target will be 280 and the next target will be 300.
breakoutbullishpatternChart PatternscupandhandlepatternfibonaccianalysisFibonacci ConfluenceTechnical IndicatorsRBLBANKTrend Analysis
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