RBLBANK trade ideas
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.
RBL Bank Ltd. - AnalysisRBL Bank Ltd. is consolidating in a rectangle pattern.
Fresh momentum post-break is expected either side of the range 100-140.
A breakout above 140, the next resistance comes at 160 level.
Technical parameters look weak as of now. Keep a watch.
RBL BankRBL has touched it Resistance again and it is at trend line support. If it breaks trend Line then take short position.
RBLBANK S/R_ W.D.60mSupport and resistance of RBLBANK on weekly basis, daily basis and 1 hour basis.
RBLBANK Long Setup RBLBANK looks good to test the levels of 160 and 180 after gapping up and closing above the double bottom neckline with good volumes.
SL 100
