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.
Buy RBL @ 249 for the target price of 265- 270 with the SL of 239 . Good risk to reward trade. RSI is also showing strength. Stock is trading above support level & with good volume. This is for pure educational purpose only.
I expect 274+ levels in RBL as bank nifty gave upside move today these levels will achive this week only
I think we can expect 270+ in RBL bank Because as nifty bank gave upside move today these levels will achive within week only.
rbl bank chart analysis for intraday and swing trading
Buy if sustains above 255 for the targets of 259 and 263 until 251 is saved on the downside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Please do your own research before trading or investing.
► ADVANCE PATTERN #1 ◄ 📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns. ☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio. ☆ Kindly like &...
Sell if sustains below 263.5 for the targets of 259 and 254 until 267 is saved on the upside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
gud buy @ 242 stronger buy above 245.5 disclaimer - for study purpose only
CONSOLIDATION BREAKOUT AND FLAG FORMATION BETTER IF YOU SEE IN A 5MIN TIME FRAME