NSE:RBLBANK
Hi Traders,
RBLBANK trade setup and entry and target level on chart.
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This would give us ...
RBL BANK OCT FUTURES TRADE
SHORT@159.5
STOP@164.5
TARGET-1@154.5
TARGET-2@152
QTY=2600
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
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-stock broke out of consolidation pattern and started trading above its crucial resistance zone
-stock has the potential to trade above or retest its 200-ema placed at 232
-stock looks good for upside
SEPT FUTURES TRADE
BUY@210-212
STOP@198
TARGET-1@220
TARGET-2@224
TARGET-3@228
QTY=2600
NSE:RBLBANK
Hi Traders,
RBL Bank is in buy zone and you can open new orders based on price action. Stock has broken resistance line and start moving in upward direction. A good movement can be seen after 206 level.
Stock Analysis
* Stock was in a range. and it has broken range with support of trend line .
* Today it has broken resistance line.
* The beginning...
IT looks like RBL Bank is doing a breakout comfortably on Friday
Do watch the stock for a possible target of 286 in a short term
This is not a recommendation, and is being shared for educational purpose...
![RBLBANK: [SHORT] - RBL BANK - TG(1)-172.45 TG(2)-166 INTRADAY](https://s3.tradingview.com/y/y9jaZTSv_mid.png "[SHORT] - RBL BANK - TG(1)-172.45 TG(2)-166 INTRADAY")
