The chart although is self explanatory. Circle 2 ended around 4 of smaller degree and the low of the reverse channel (first drawing trendlines of the top and then parallel lines for bottoms, Circle 3 should start from here should take us to the channel top. Perform your own due diligence before acting on this trade.
Buy Rbl Bank Only 176.80 Target 180- 183- 187 Sl 173
bullish bat pattern reversal area is near 170-167 long in this range for good returns in delivery
rbl bank chart analysis for intraday and swing trading
RBLBANK is looking bullish in coming days. Disclaimer - Only for educational purpose
After a big fall price is trading in a range for the last 7 + days and its time to break the resistance and move up.
RBL bank has formed Ascending triangle pattern which is Neutral price action pattern that means trader needs to be ready to take position on either side depending upon the breakout or breakdown. Trade safe. Look for both setup.
Rbl makes double bottom on key resistance approached support level. Can be long potential if sustained above the support level
Long RBL BANK can be a perfect swing for a short term gain !! DM for Enquiries
Once again an opportunity in the RBL bank. buy half the quantity above 245 above resistance level & another half after the break out of TL marked in the charts @ 252 for the target price of 272 with the SL 232. This is for pure educational ideas.
RBL Bank on 19th March closes to its breakout level. see the demand & supply it shows bearish signal. if it closes below 219 level at day end then a bearish view of the RBL bank we can see.
RBL Bank has been consolidating from the past 2 months.. any breakout above 255 can take the stock to 300 230 is a good short term support below which the long view would be invalid
Monthly RSI entering 50 is supposed to be strong. It can give us a multibagger over a period of 1 year or so. Enter once RSI sustains over 50. Exit upon RSI reaching 80 on monthly charts only. 5 March 2021 CMP - 242.35 Target - at least 100% in 1-2 years! Stop Loss - Rs.205/- RSI above 50 is not my strategy. Video Link in Related Ideas at bottom. I am taking...
Targets 280-290 could be achieved if breaks above 250. Stop loss @ 230 . NSE:RBLBANK
Forming triangle setup, can move till 290 to 300 levels.