Bullish Breakout of Daily Flag & Pole Pattern

A Bullish Breakout of Flag and Pole pattern is visible on the Daily chart of RBLBANK

MACD will gave Positive crossover on Daily and already given positive crossover on Weekly and Monthly chart. So, expecting the momentum to continue.

One can create a fresh position in the scrip as per the levels mentioned on the chart.

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The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.


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