Price is moving inside a channel formation and now it is testing the upper trend line of the channel. Bullish if it acts as support and bearish if price rejects it. Trend direction deciding zone 269 - 272. Buy above 269 with the stop loss of 266 for the targets 272, 275, 278 and 281. Sell below 262 with the stop loss of 265 for the targets 259, 256, 253 and...
RBL Bank reached an ATH of 716.4 in May'19 and corrected approximately 90% to reach 74.15 in the month of June 2022. It then took support at lower trend line of the wedge and rose by 255% in 7 months i.e. till Jan'23. Since then the price has been hovering near the upper trend line (resistance) of the wedge. Risky Traders Entry: Only above 176 (daily closing...
RBL bank has formed a bearish pattern at top and MCAD also indicating a weakness in upcoming sessions. Take sell trade around 280 - 290 with SL above 310 for the target of 245 - 235. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!
A Bullish Breakout of Flag and Pole pattern is visible on the Daily chart of NSE:RBLBANK MACD will gave Positive crossover on Daily and already given positive crossover on Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: The information...
Stock have given BO above 274 and retesting after that Generally if sustains over and above the BO price, it can give sudden spurt.. Entry above 275
With RBI not extended the term for the old nominee director... The market could take that in a positive wawy.. Long above 283 with SL below 272. Can double the wedge breakout or new high breakout.
RBL bank has been bearish since past few years. Stock is showing strength and some signs of reversal. Breakout Entries are always riskier. Levels mentioned on chart. A consolidation above breakout zone is always a good sign.
📊 DETAILS Sector: Bank - Private Mkt Cap: 14,957 cr RBL NBFC is a banking company engaged in providing a wide range of banking and financial services including wholesale banking, retail banking, treasury operations and other banking related activities. TTM PE : 14.52 (Average PE) Sector PE : 23.58 Beta : 1.75 📚 INSIGHTS Mid-range performer...
Weekend Pick 2: RBL BANK Fundamentals : Decent, Profitable FY 23 vs previous Years, Quarter wise Profits and EPS consistent. FII and DII holding increased significantly.. Technicals : Bullish, upside breakout of the last 3 years range.. R 1: 330 R 2: 385 R 3: 445++ S : 220
RBL bank making strong candles on 3M Chart Looks good reversal, we add for long-term
Stock has crossed the monthly resistance and if sustain above this level then can test the next resistance Entry >280 Target 340 SLT 220
The stock is testing it's very strong support/resistance level. This is the same price this stock got listed at. Keep a watch coming week on how the price moves. A strong day closing above 275 will be a good sign. This idea is for Educational Purpose Only. Learn & Earn, Dr. Tanya Kumar
RBL Bank is giving the signal that it is going to break out now and also can give very easy and significant rewards against the risk it has As we can see it has closed first time above the after-COVID highs and we can see with every other stock that if the stock is moving higher than its Covid high or after the Covid high it is getting ready for a massive rally....
Stock is trading near crucial resistance, any BO above this level will lead to next levels as marked. Follow chart for proper support and resistance levels.
Rblbank has trading near strong support and resistance , if sustained anv 272 good upmove is expected else strong resistance will take below 260 will bring down only for educational purpose not for recomdation
RBL bank is currently trading above all EMAs and at a very important resistance level. Aggressive long position are being build up and high volume and delivery can be seen. If daily candle closes above 280 then further up move is possible till 400.
Resistance stands at 274,need to close above 274 after that can move towards 300 313 very soon.