RBLBANK trade ideas
RBLBANK Bullish IndicationRBLBANK was observed a bullish pattern on a uptrend with strong indication.
It created a Flag & Pole indication of short term breakout.
There is series of red candle observed in a channel after a rally of green candles.
It will continue to go down till the time of breakout and after that there will be series of green candles.
Let me know if you have any suggestions or recommendations.
Thank you.
Disclaimer :- Just an idea not any recommendation
Head and Shoulder Formation In RBL Bank, Entry and Targets GivenHead and Shoulder Formation In RBL Bank, Entry and Targets Given
RBL to take long entryBuy RBL @ 249 for the target price of 265- 270 with the SL of 239 . Good risk to reward trade. RSI is also showing strength. Stock is trading above support level & with good volume. This is for pure educational purpose only.
RBL BANK LONG I expect 274+ levels in RBL as bank nifty gave upside move today these levels will achive this week only
RBL BANK LONG I think we can expect 270+ in RBL bank
Because as nifty bank gave upside move today these levels will achive within week only.
Inverted head and shoulder patternThe stock is making an inverted head and shoulder pattern and looks good above 256.45 level
RBL BANK LONGRbl bank form h&S pattern can long for
Target 1 255-265 intraday
Target 290 1-2 week
stop loss 230
waiting for breakoutThe banking sector has bullish momentum
stock has near short term trendline wait for breakout then enter
Today move was short-covering so if stock move above the trendline we can expect more momentum
Levels are mentioned in the chart
Long RBL longtermMonthly chart and weekly chart forming ascending triangle pattern.
If 265 level is broken with volume, can enter for next target of 390/404.
#Rblbank cash : Looks good above 221.10#Rblbank cash
28.01.2021
Looks good above 221.10
stoploss 215
Tgt 226-227/232
Cmp 215
RBLBANK WEEKLY CHART VIEW!!#RBLBANK WEEKLY CHART VIEW!!
RBL Bank Ltd. made a retest to the breakout area and likely to see bounce if the stock holds 225-230 zone.
Technical parameters looks neutral as of now.
Probable resistance in medium term comes at 260 and then at 290 till the above support remains intact.
Keep a watch.
