RBL Bank Ltd. - WEEKLY CHART VIEW!!RBL Bank Ltd. consolidating in an Ascending triangle pattern and breakout in the stock to take place above swing high of 218 level.
Technical parameters looks positive as of now.
Keep a watch.
RBLBANK trade ideas
RBL BANK POSITIONALRBL BANK
sell
below 170
Sl 177
target 160 ,147 , 128
THIS IS MY VIEW NOT TRADE RECOMMENDATION.
RBLBANK : At a strange little place ..Little above will be a breakthrough. Little below will be a downfall. keep an eye !
RBL Bank Ltd.RBL Bank Ltd. has a pullback to the breakout area and likely to stay positive until it holds 185-190 zone.
Likely to see further momentum above swing high of 220 level.
Technical parameters looks neutral as of now.
Keep a watch.
RBLBANKIm not an expert im just sharing my views on RBLBANK for tomorrow
Im not responsible for any profit or loss this is not a recommendation
RBL Bank LongResuming upward trend by taking support at earlier resistance point....buy with a SL of 191
RBL on watch - above 195 close will move to 240 FLAG PATTERNRBL is giving Flag pattern BO on daily charts.
Keep an eye above 195 close for 240 targets
Volumes are Building up and so is Futures OI keep on Track!
#RBLBANK #BANKNIFTY #NIFTY #TRADING #BANK #FINANCIAL #INVEST#RBLBANK #BANKING #BANKNIFTY #NIFTY50
RBL Bank Ltd.
CMP: 182.15
Target: 200 / 250
SL: NA
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CUP AND HANDLE PAITTERN WITH POLE AND FLAG (Educational purpose)RBL bank has given nice breakout from the cup and handle pattern after a long consolidation and after a nice breakout, it is forming pole and flag pattern which is indicating a strong upside move from these levels.
It is just an analysis and for educational purpose only
RBL Bank: Cup and handle1. Cup and handle spotted
2. Wait for a breakout
3. trade on the retest or the gap
**Trade with peace in your mind. Only education can give you that**
Cup and Handle breakout in RBL BANKIn the daily chart, we can clearly see that RBL BANK has formed a cup and handle pattern. Take long position guys it will definitely achieve our targets.
RBL BANK - FLAG FORMATION - BUY ABV FLAG RESISTANCE LEVEL.flag formation with perfect support taken twice at 38.2 retracement level .
indicating another strong move once candle closes abv resistance line of flag.
TF - 4H
disclaimer - study purpose only
Broke out of bearish shadow.If it manages to close above 197.50 tomorrow and remains bullish for a couple of days, target will be 246 by Sep end.
Big breakout of RBL bank OCCUREDGo long on RBL bank for target of 242 its 200 day ema.
date-26/8/2020
time-2.12pm
RBL buy above 191.90Rbl bank is a buy above breakout of 191.90 and we can also buy it at its weekly and daily support of 160
At resistance forming another cup formation.So nice to see price making another Cup formation adjacent to the previous. Big opportunity a head if breaks.
