Whats cooking in RBL Bank???Is it a trap for retail investor getting build! Any opportunity near 175-180 should be used to exit and SHORT for TGT 140-130
RBLBANK trade ideas
RBL BANK: Chart set up & strategyRBL Bank
Cmp 171
The stock is now trading near important resistance level.
Given the set up, one may consider selling RBL Bank 200 Call option around 8
Lot size 1500
Max profit ptential Rs 12000/- per lot
Yield potential 10.35% approximately till 25 June
Loss protection for a rise in price up to 208 on 5 June
Take care & safe trading...!!!
Short tradeRBL can be sold below for 130 for target of 100-105, Follow break and retest strategy to enter, do not enter at first break of 130, it might come back from 126-127. No short position if it holds above 132
Buy RBL Bank for 50% upsideRBL bank is consolidating to form the right shoulder of Inverse H&S. At CMP 112, stock offers excellent risk/reward. Buy for tgt 135/167 with SL 105.
RBL Bank - Buy for target Rs167, Inverse H&S breakout above 137.RBL Bank has given Inverse H&S breakout above 137, and is headed for target of Rs167. Buy at cmp 141 for 18% upside. SL at 122.
#RBLBANK #XABCD #Gartley Pettern #Harmonic PetternTried to predict next level at C , D & Targets. #Disclaimer....Do your analysis before enter trade.
RBLBANK BUY AT115 with the stop loss of 101 target 145RBLBANK BUY AT 115 with the stop loss of 101 target 145
RBL Bank breakout but in Acuumulation ZoneRBL Bank breakout but it is in Acuumulation Zone. WE need to keep a watch on this stock as for 2 months it has been into accumulation zone. it has some hurdles to reach to 140, but once it reaches 140 it will be ready to fly, So keep this stock in your watchlist.
RBLBank - Can we see a breakout tomorrow??RBLBank
The stock is consolidating in a rectangle pattern in the daily chart.
We are likely to see a momentum breakout above the swing high of 137.
Technical parameters look positive as of now.
****TRADINGEDGE TIME-TREND INDICATOR IS BULLISH IN DAILY****
Mid-Bollinger band (118) can be considered as the nearest SUPPORT.
KEEP AN EYE!! #B+
#tradingedge_academy #SMTA_institute
RBL Bankeither i see 135-150 or 75 ! depends where bo happens. i hoping upside as once shorts are covered, we may see good rebound.
RBleither i see 135-150 or 75 ! depends where bo happens. i hoping upside as once shorts are covered, we may see good rebound.
