crucial level for a break out in rbl bank if Monday opens gapup.
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...
Cup & Saucer Flag & Penant
Note: This is for educational purpose only. Bullish breakout with high volume. RSI above 60 as well.
It is making a CUP and HANDLE pattern so you can buy above on the breakout of resistance at 191.90
All the retailers are bearish on RBL Bank, but I am expecting a bigger breakout later in this month. For Tomorrow I am long.
RBL BANK consolidating in descending triangle pattern. expecting a breakdown if banknifty falls short below 162.70
FOLLOW TRADE AT YOUR OWN RISK
Buy RBL Bank on dips upto 327 for target of 379, Breakout above 379 can do 450. Stoploss 310
RBLBANK BUY at 353, Tp 371 @trading_nifty_AM Free calls at AM Trading Institute. Join our Telegram Page for more updates on Stocks, Signals, charts, technical indicators. t.me
RBLBANK BUY at 353, Tp 371 @trading_nifty_AM Free calls at AM Trading Institute. Join our Telegram Page for more updates on Stocks, Signals, charts, technical indicators. t.me
- RBL is facing rejection from downtrend line from last some months. - This trenline is always tested by the RBL Bank and rejected from there. - This time if this trendline breakout and 2HR Candle close above it, than it's good opportunity for 30-50% movement. We Don't Give 4 Line trades with Just Entry, SL, TP. Go through analysis and than decide you should...
RBL BANK:Multi Pattern confirmation."W" or Double bottom & Cup & Handle pattern.Looks like current retesting Breakout levels. Target:380/410 View negated below 312 Closing basis. FOR MORE CHARTS FOLLOW ME
RBLBANK Intraday day analysis #RBLBANK
RBL Bank to consolidate within narrow Triangle and can break out on either channels....keep watching.....