Please find my analysis for RBL Bank solely for Educational purpose-
Analysis :-
Perfect Double Bottom Formation - Downward price trend, Two valleys at absolutely same level, Peak within bottoms at around ~9%, Volume moving down from Left to Right
Confirmation - Above 133.25 but is a good bet at current stage
RSI and Stochoastic cleary showing Oversold trajectory.
Fibonocci Retracement levels indicate 133 and 149
Regards,
Aashish
Analysis :-
Perfect Double Bottom Formation - Downward price trend, Two valleys at absolutely same level, Peak within bottoms at around ~9%, Volume moving down from Left to Right
Confirmation - Above 133.25 but is a good bet at current stage
RSI and Stochoastic cleary showing Oversold trajectory.
Fibonocci Retracement levels indicate 133 and 149
Regards,
Aashish
Trade active:
Just watch the stock fly.. Follow this trade for learning Double top and Technical indicators
Comment:
Stock flying
Comment:
RBL moving with Momentum..
Trade active:
Next Target - 135 and 148
For Educational Purposes
For Educational Purposes