RBLBANK trade ideas
#RBLBANK CASH : ASCENDING TRAINGLE BREAKOUT #RBLBANK CASH
21 JAN 2019
ASCENDING TRANGLE BREAKOUT ABOVE 600 FOR 624/648
STRONG RESISTANCE 600
CMP 580
# RBL BANK - SYMMETRIC TRIANGLE PATTERNIT CAN BREAK THE CHANNEL IN COMING DAYS EITHER UP OR DOWN SIDE.
* BUY ABOVE 580 FOR THE TARGET OF 590/597/609 WITH SL OF 570.
* SELL BELLOW 570 FOR THE TARGET OF 560/553/540 WITH SL OF 580.
RBL bank short strategySell below 551.55
Target 1- 545.55
Target 2- 538.45
Stop loss - previous day high
Enter Short in RBLBANK below 551Enter Short in RBLBANK below 551
T - 546, 541, 536 & 524
Sl- 561
Looks week below 550, Short Build-up seen in RBLBANK open interest.
