RBLBANK trade ideas
RBLBANK Bottoming out ?RBL forming a sloping h&S bottom after a bear trend.
Looking strong after forming right shoulder.
Good long opportunity once it breaks the neckline.
Long ( Continuation pattern ) One can look for Going long and look to book near the forecast ,
Important to note is , once the price move away form your buy , start putting the trailing stop ,
Rule No 1 : Never lose the money
Rule No 2 : Never forget the Rule no 1
Good luck
Triangle spotted in RBLBANKA triangle is spotted in rblbank
lets wait for a breakup or breakdown
A move of 5% further is expected in direction
but still if you are highly risky then can initiate a buy at 322-23
with 318 as SL and target at 358
RBL BANK ANALYSISSELL WHEN A CANDLE CLOSES BELOW BOTH GREEN AND PINK LINE IF TAKEN SUPPORT IT MAY GO UP AS SHOWN WATCH OUT FOR DOJI REVERSAL CANDLES NEAR TRENDLINES
RBLBANK is looking good to buy above 369RBLBANK is looking good to buy above 369 for target of 385 and 416.
RBLBANK DEVELOPING BULLISH TRIANGLE BREAKOUT SET UPNSE:RBLBANK DEVELOPING BULLISH TRIANGLE BREAKOUT SET UP
BREAK ABOVE 365
RBLBANK : Bearish BAT 2-JAN-2020
RBLBANK : Bearish BAT 2-JAN-2020
CMP: 368.65
Entry : 384-389
Targets : 379,374
Stop loss: 391.4
Chart by : Karthikdeva
