RBLBANK trade ideas
RBL...out of the woods now...go long.RBL is through the consolidation...go long for a target of 191 and 199...stop is at 176
Rbl may give upmoveRbl at its daily support,retracement complete.
can give upmove.
Follow Levels are given on chart.
rbl- long211 is the resistance of trend line
if it crosses 211, with volumes then next resistance will be 270
RBL Bank (Daily TF)The Stock is consolidating in Descending Triangle Pattern.
Buy/Short on Breakout.
Descending Triangle pattern in RBL BankLong opportunity on RBL Bank after the successful breakout. It will give a good return after the breakout in a short span of time.
Swing Trade Possibility in RBL Bank (1 week)Buy above 185
Target 195
Stoploss 179
Follow entry and exit rules strictly.
RBL bank preparing for big move RBL bank preparing for big move. Inverted HNS formation going on. Bullish flag formation going on. Build up visible at trendline (neck line) resistance. If breaks out and closes above 178, big move possible towards 200.
RBL BANK levels...14.09.2021 ( D candle)RBL BANK complete the bearish pattern,BUY THIS LEVEL...KEEP SL 156 @ D CANDLE CLOSING BASIS...TARGETS 219...245
RBL LONG - With strict StoplossRBL is near to failing flag pattern breakout. Go long with strict stop below 158.
Price Range between 172-158 is a strong- demand zone.
RBLBANK Start to uptrendRBLBANK is will be go to uptrend since act in weekly support for short term period
Simple Trade Setup| RBLBANK | 02-09-2021 [POSITIONAL & INTRADAY]NSE:RBLBANK
Observations:
1) On 1 HOUR time frame it has breakout 164 level and then it has tested if for support and it got support from 164 and gave good upmove.
Please refer below chart : 1 hr time frame.
2) On Daily Time frame you can see that it has now reverse from the critical support range and made bullish candle today by taking support from 164 level.
And it closed just below 21DMA.
Please refer below chart : Daily time frame.
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For POSITIONAL trade one can take long position from CMP or above 171.40 and Aim for target of 207/215 with Stop loss of 155. I am expecting this target will be achieved in this month only.
Please refer below chart : Daily time frame.
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Trade Setup for Date 02-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
My personal view is bullish on RBLBANK.
RBL Breakout Buy PossibleRBL looking to break out , above 171 entry can be made.
SL
Target
on Chart
Trade active only above 171
Rbl about to break the shackelsLong rbl to go above200 about to break the shackels of 164.5 resistance to go to 200 plus in comming months
RBL Bank - Bounceback tradeCan initiate buy above 165 keeping 161.45 as SL.
Target 169 and if keep 169 is taken out 174 can be seen
Do your own research before initiating a trade.
SHORT TERM VIEWLOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis
HEAD AND SHOULDER PATTERN IN RBL BANKRBL Bank has reached a crucial price level. There is formation of head and shoulder pattern. Wait for break down or bounce back.
RBLBANK in support zoneRBLBANK went down after the results update. It is now in a support zone on daily chart. One can average here or take a long position with a closing based stoploss below the support zone.
