RBLBANK trade ideas
RBL Bank ( Breakout ) Chart patterns.DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
Buy Above :- 166
stop loss :- 160
First target :- 170
Second target :- 175
Good luck traders.
Symmetrical Triangle PatternA strong symmetrical triangle pattern resembles a breakout bullish trend. A conservative trader may look for retest at 0.382 Fib level to find entry level. RR= 3 (min) for short term trade.
What you expect? BreakOut or BreakDownI expect BreakDown soon! You can also refer the last post for RBL.
BTST IN RBL BANKBTST IN RBL BANK
BUY@168
STOP@164
TARGET@174
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
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
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
