RBLBANK
RBL BANK ANALYSISAS WE CAN SEE IT HA TAKEN RESISTANCE FROM FIBONACCI`s 61.8% LEVEL MANY TIMES AS SHOWN WITH WHITE ARROW SO I GUESS IT IS HEADED FOR THIS LEVEL AGAIN AS MARKED WITH ARROW AND MAY TAKE RESISTANCE AGAIN THERE FIRST LET UPPER TREND LINE BE BROKEN ON CLOSING BASIS
NOTE: FOR EDUCATION ONLY
RBL Bank Bigger View - RBL is facing rejection from downtrend line from last some months.
- This trenline is always tested by the RBL Bank and rejected from there.
- This time if this trendline breakout and 2HR Candle close above it, than it's good opportunity for 30-50% movement.
We Don't Give 4 Line trades with Just Entry, SL, TP.
Go through analysis and than decide you should take it or not.