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RBLBANK

Wedge pattern Breakout in RBL BANK (Monthly Chart) RBL Bank reached an ATH of 716.4 in May'19 and corrected approximately 90% to reach 74.15 in the month of June 2022. It then took support at lower trend line of the wedge and rose by 255% in 7 months i.e. till Jan'23. Since then the price has been hovering near the upper trend line (resistance) of the wedge. Risky Traders Entry: Only above 176 (daily closing price) Safe Traders Entry: above 180 (June month closing) Stop Loss: 172.5 (daily closing basis) Fundamentals: Qtr Revenue grew 20% YoY and Qtr Net Profit grew 37% YoY. declared Positive results for the last 7 consecutive quarters. Highest ever revenue of Rs.3170 Cr and Highest ever profit of Rs.271 Cr. Lowest NPA and Highest Credit to Deposit Ratio.
NSE:RBLBANKLong
by finvestar
2
RBL Bank - Low Risk OpportunityCMP 235 on 28.07.24 The stock price has been traveling in a rising wedge pattern in the last months. This time, again at the lower levels of the wedge. A pink support line is to be noticed too. It has taken support on this line and bounced back 3-4 times. So it seems at multiple support this time. In the last 2 sessions, the stock has shown some reversal signs with bigger volumes. MACD should also be considered. If the pattern continues, we may see targets of 260/280/300 in the coming weeks. Buy levels are between 235 and 225 in split quantity. Please remember that if the price is sustained below the pink support line, it will bring weakness to the trade setup. One has to start thinking of an exit if trading below the pink line. Always keep your risk management in your control. Plan some position sizing in these kinds of setups. This illustration is only for learning and sharing purposes, not trading or investment advice in any form. All the best.
NSE:RBLBANKLong
by anandlive
1
RBL BANK - Bullish Swing Reversal with VolumesNSE: RBLBANK is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 13% to 18% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:RBLBANKLong
by BrahmaBull31
Bullish Breakout of Daily Flag & Pole PatternA Bullish Breakout of Flag and Pole pattern is visible on the Daily chart of NSE: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. Risk Disclaimer: 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.
NSE:RBLBANKLong
by raigvivek
RBLBANK | Mini Swing Trade📊 DETAILS Sector: Bank - Private Mkt Cap: 14,957 cr RBL NBFC is a banking company engaged in providing a wide range of banking and financial services including wholesale banking, retail banking, treasury operations and other banking related activities. TTM PE : 14.52 (Average PE) Sector PE : 23.58 Beta : 1.75 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. 3.47% away from 52 week high Outperformer - RBL Bank up by 7.82% v/s NIFTY 50 down by -2.29% in last 1 month 📈 FINANCIALS Piotroski Score of 3/9 indicates Weak Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:RBLBANKLong
by Munish_Jain
Investment_ RBL BankNamaste! RBL Bank has been fell hard, since the change of CEO, correcting about 90% from the all time highs. According to me, there can be 2 main reasons:- 1. The Market is wondering if the CEO is a idle choice. RBL Bank is a private sector bank, and CEO came from a Public Sector bank. 2. The market is also thinking if this could be next Yes Bank . But, this is a complete different scenario than Yes Bank. You see, in any bank, NPAs are a crucial factor to consider. If there are increased or more NPAs, it hits any bank hard. In the Yes Bank, Mr. Rana and company has given very big loans to some of the big companies. The companies didn't became successful and didn't earned profit. So they defaulted their loans. And it is called NPAs (Non-performing Assets), or you can say a lost money. . Whereas, it is a very different case in the case of RBL bank, except the opportunity cost (if the new CEO takes more and more time to make and run RBL Bank successfully). Investment: Q: What is the investment price? A: If the price moves at or above Rs 96.35 Q: What if it becomes the next Yes Bank? A: Don't invest more than 10% of your entire capital. And Never sell it at a loss. Positional: Q: Can I take it as a positional trade? At what price? A: At or above Rs 96.35. SL is Rs 82.35. Q: What is the target. A: You can do either of the 3 things. a: 3 times your risk amount (Rs 138.35), b: Rs 153, c: Rs 279. Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment and trading carries an element of financial risk. Please do your analysis and/or consult your financial advisor before investing and trading.
NSE:RBLBANKLong
by UnknownUnicorn7637383
RBLBANK - Bullish Consolidation with VolumesNSE: RBLBANK is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:RBLBANKLong
by BrahmaBull31
1
RBLBANK - Ichimoku BreakoutStock Name - Rbl Bank Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 242 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:RBLBANKLong
by nikunjbhadja
6