UnknownUnicorn2321966
Short

RBLBANK SHORT SETUP

NSE:RBLBANK   RBL BANK LIMITED
PREVIOUSLY I GAVE LONG IDEA NOW THE GAP HAS BEEN FILLED WHICH IS AT 283 NOW IT HAS TOUCHED UPPER CHANNEL LINE SO IT SHOULD COME DOWN TO LOWER CHANNEL LINE WHICH IS NOW TARGET 258 APPROX HERE IS MY LONG TARGET GIVEN YESTERDAY

NOTE: NOT AN ADVICE JUST FOR EDUCATION
Comment: upper trendline is still not broken on candle closing basis
Comment: longterm upper trendline near 333 still not breached
Comment: first target is 288 now

Comments

it didnt perform as said
Reply
UnknownUnicorn2321966 sidisstillalive
@sidisstillalive, it has made today a red coloured doji candle it is a rejection candle plus yesterday`s high of 325 is not broken we have to wait plus i have not given any stoploss in this trade as it is very volatile stock
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