RBLBANKWe are currently in minor wave iii of wave C of wave Y, fall from 274 has become a complex correction, possibly a triple zigzag pattern, if wave Y is going to be equal to wave W then we can see 81.75, 58.85 and 40 levels too.
Overall wave counts on weekly chart
macd in monthly turned negative
macd in weekly negative
macd in daily also in negative
rsi in weekly down tick and below 40
price below lower bollinger of weekly
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
RBLBANK
GUJGASLTD shared yesterday Blasted with 17.5k/lot 👍NSE:GUJGASLTD
#GUJGASLTD chart shared with levels and it successfully bagged 17.5k/lot ✅
Wish everyone bagged decent amounts and with good learning experience 👍
Check out other stock performance too and don't loose your hard earn money with blind trades 🤝
Happy LEarning !!
RBLBANK: Is the stock heading towards 2 Digits?#RBLBANK
1. Bearish on All Time Frames.
2. Rounding Top on Monthly Time Frame. Stock looks all set to retest the Covid Low of 105.
3. 117-105 levels will also act as major support and can be good buying opportunity if 105 is saved on Monthly Closing Basis to again reclaim 175/225+ levels.
4. Monthly Closing below 105 will lead stock to Two Digits and new All Time Lows, thus becomes an automatic SL for Investors.
5. Consult your financial advisor before investing. If you found worth it, Do Like, Share and Comment.
Rbl Bank LongRbl Bank is at significant Low.
Good to buy for Short to long term Trading for the Target of 182 / 300.
Need a strong weekly close above the Accumulation / Distribution zone shown in chart for higher targets for long term investment.
Stop-loss will be based on weekly close below 100., below that it can be another yes bank.
RBLBANK at channel resistance with Evening starRBL BANK is one such stock which can give you solid returns when it shows signs of falling.
This is one such scenario where it has made a lower high at channel resistance with evening star and also stochastic indicator has given a negative cross over at the same point.
To make money on this opportunity, we may SELL 145 CE option easily hedging it with 150 CE BUY.
Plan your Trade! Trade your Plan!
Happy Trading !
RBL: Chart set up does not look good 😥RBL
- the stock took support at 155 last time in Aug 2021 from where the stock went up
- on 27 Dec 2021 the stock broke that level decisively with a big gap down and negative closing thereafter
- going forward the stock may find it difficult to go past beyond 155-160 odd levels
- on the downside the stock may come down to 112 levels and may even go sub 100 levels before we see risk takers taking genuine interest
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Breakdown in RBL Bank...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
RBL: Target Rs 90Any reason why the drop should only be 20%. I feel absolutely not. It has hallmark of a very badly run bank. Greed is the word I guess. Moneycontrol should be taken to court for spreading lies last night about RJ/RKD stake in the bank. These morons just go scot free everytime becuase SEBI is staffed with nincompoops.
Let it go Yes Bank way and pay the fat bankers Private secttor salraies at Public sector Srrvice.