Bullish Bias on RBL BankConsidering the points mentioned, Bullishness is expected in upcoming trading sessions.
Post is educational.
Please comment for any suggestion/question/feedback.
RBLBANK trade ideas
Bullish Bias on RBL BankConsidering the mentioned factors bullishness can be expected in the stock.
Post is educational.
RBL BANK - LONGBreakout from Channel and Head and Inverted Shoulders pattern. First Target is near 200.00 where there is resistance.
RBL Bank - Bullish BreakoutNote: This is for educational purpose only.
Bullish breakout with high volume. RSI above 60 as well.
Patience will payoff... Double bottom as well as Descending Triangle !
Lets wait for breakout and lets see !!!
RBL buy above 191.90It is making a CUP and HANDLE pattern so you can buy above on the breakout of resistance at 191.90
RBL Bank Ltd. - WEEKLY CHART!!RBL Bank Ltd. taking support at weekly support zone and likely to see bounce in the medium term until 160-170 zone is protected on the downside.
Technical parameters looks neutral as of now. Keep a watch.
FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!
RBLBANKBuy RBL BANK Above Rs . 177.60 for The Target of Rs . 184 - 196.
Stoploss- 169.
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Vishwajeet Sharma
RBLBank Long Intra-Day All the retailers are bearish on RBL Bank, but I am expecting a bigger breakout later in this month. For Tomorrow I am long.
RBLBANK - Intraday Trading Setup for 30 July 2020Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade with the help of your financial advisor.
RBLBANK - LONGReasons for going Long and Setup:
1) About to breakout from a Bullish Rectangle flag pattern. (Check with 2 and 4 hour TF; The pole is a bit distorted)
2) Bounce back from the support trendline and breached the Resistance (now Support) with good buying volume
3) Trading above 50, 100 and 200 EMAs
Entry: Can enter between 187.00 to 187.50 after breakout from the channel.
Stop loss: Once entered keep SL near 181.50 where there is a small support. Can trail SL above cost (near to 191.00 - 191.50) after the first target is achieved
Target: First target - 195.00 to 195.50 where there is a minor resistance and if reached and trend continues then can hold for second target.
RR Ratio: 1.25 (Entry - 187.50; SL - 181.50; Target - 195.00)
Note: Follow NIFTY MIDCAP 50 and NIFTY 50 for any trend reversal.
short sell opp on rbl bank hello everyone,
as you can see rbl bank respect a trend lines and made a nice downtrend pattern,
for intraday sell below horizontal support line at around 178
for regular chart anaylysis follow me
thank you
RBL bank moving towards resistanceBuy above @ 188
Stop loss @ 185
Targets can be arround 189 / 190/ ++
RBL Bank LongRBL Bank Long
Target: 237, SL: 154, RR ratio: 1.79
Only for educational purpose, not a recommendation to buy.
RBL BANKBUYING HAPPENED with huge VOLUME
One can initiate long here or on breaking of TRENDLINE with SL@ EMA 13.
