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RBLBANK

RBL BANK TRADE SETUP FOR SWING TRADINGThere is major resistance at 185 level, as you see in the chart, . After break the 185 level stock goes down and then recovered in a v shape and again, . The stock is consolidating and taking support of 185 there is two condition in this trade. . If it break the support, so we can see the good downward momentum. . And if the stock goes upside, you can buy the trade once it cross 188 level for the target of 195-200 . What's your view on this comment below in the box.
NSE:RBLBANK
by neerajlalwani081
2
Simple Trade Setup| RBLBANK | 02-09-2021 [POSITIONAL & INTRADAY]NSE:RBLBANK Observations: 1) On 1 HOUR time frame it has breakout 164 level and then it has tested if for support and it got support from 164 and gave good upmove. Please refer below chart : 1 hr time frame. 2) On Daily Time frame you can see that it has now reverse from the critical support range and made bullish candle today by taking support from 164 level. And it closed just below 21DMA. Please refer below chart : Daily time frame. ------------------------------------- For POSITIONAL trade one can take long position from CMP or above 171.40 and Aim for target of 207/215 with Stop loss of 155. I am expecting this target will be achieved in this month only. Please refer below chart : Daily time frame. ------------------------------------- Trade Setup for Date 02-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. My personal view is bullish on RBLBANK.
NSE:RBLBANKLong
by Trading_hawk