Rane Brake: Offering low risk set upRane Brake is looking good on chart. Stock has recently given breakout and retest the same. Keep on radar
RBL trade ideas
Rane Brake Lining: Breakout retest opportunityRecently Rane Brake Lining has given double bottom breakout on monthly time frame. Seems stock has also retest the same level and moving towards upside. Keep on radar for low risk set up.
Rane Brake: Breakout Retest opportunityRane Brake is looking good for long. Seems stock is retesting breakout zone.Keep on radar
SWING Trade : Buy RBL at CMPSWING Trade Idea: We can buy RBL at CMP and accumulate till 230 for a target of 285. This is a short term view so be cool and hold it.
Resistance breakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Rane Brake Lining: Trading near resistanceRane Brake Lining is consoildating since last 15-16 month and attempt a breakout in last week but did not sustain, although showing buying strength. Keep on radar.
Rane Brake Lining: Consolidating since 15-16 monthsRane Brake Lining is consolidating since last 1.5 years. Keep on radar for breakout above 810. Fundamentals are also looking good. Company has delivered highest revenue in last FY.
Inverted H&S Rane Breaking Strong Company
Favorable sector
Things looking good for RBL
RSI a little high though, so will wait for a re-test and the watch it fly
RBLBuy: Next open price
Sell: Will update, will review every weekend.
S/L: No need, will review every weekend.
RBL Symmetrical Triangle formingNSE:RBL BSE:RBL
Time Frame – Weekly
Observations : -
* Symmetrical Triangle forming
* Taking support of weekly 200 SMA
* Consolidation & range formation between 660-800 zone (Breakout above 790-800 range)
* Weekly 200 SMA strong support (Red line)
* Taking trendline support also
* Dry volume
Resistance – 870 / 1010 / 1155 / 1300 / 1450
Support – weekly 200 SMA & 600 – 560 zone
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Rane Brake Lining - Big Cup And Handle Formation - Bullish Rane Brake Looks Attractive
Fundamentals : Strong, debt free, Promotors holding increased in last few quarters
Technically bullish, into big C&H Pattern formation, nearing Triangle breakout, with 50 DMA crossing 200 DMA
R 1: 830
R 2: 900
R 3: 900
Above 1000 : 1200
S : 740
Swing Trade Opportunity in RBLSwing Trade Opportunity in RBL (Weekly Timeframe).
Entry: CMP
Target: 1075
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Buy Today, Sell Tomorrow: RBLDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in RBL
Buy Today, Sell Tomorrow: RBL
rane madras : prepapred for big moveRane madras prepared for big move, possibly go upside upto 10 percent soon
TREND REVERSAL BY RANE BRAKE LINING RBL was in downtrend, it is now showing reversal of downtrend hence can be considered for going LONG.
Rane Brake LiningDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
rbl chart analysisrbl chart analysis for intraday and swing trading other information given on chart
RANE BREAK LINING - CUP AND HANDLE FORMATIONRane Break Lining Stock is about to complete Cup and Handle Pattern which is a bullish pattern. So the stock may go long.
Please check the chart for details. Mentioned clearly about the support and resistance points.
I am learning as well. so please analyse the chart by yourselves before taking any decisions.
Criticism always welcomed
[SHORT TERM] BUY RANE BRAKE LININGThe stock is looking good to buy for 8-15% profit.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
