RBLBANK trade ideas
wedge patternRBLBANK- short term trade setup for RBL bank - Buy above 200 for target 218- sell below 189 for target 171
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
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A ALT FLYING FOX HAS FORMED WITH A BULLISH TARGET OF RS 330 TIMA ALT FLYING FOX HAS FORMED WITH A BULLISH TARGET OF RS 330 TIME PERIOD 6 MONTHS MAX
RBL bank educational purposeDOJI symbolises a trend reversal .. whenever a doji is formed trend is changed .. we might see a positive upside move on Monday :)
LONG RBLBANKEnter in RBLBANK between 185 and 155....wait for reversal with volume on lower TF........ No sl as it was for investment purpose....... Immediate target for swing traders will be around 300,380 and long term above 450 easily......levels are marked........ best buy if goes around 100
RBL bank 204.25 dated 20.5.2021RBL bank 204.25 dated 20.5.2021
1. Ascending triangle breakout.
2. W pattern on chart.
Buy for tgt of 210-220-230 SL 195
It is just a view, pls trade at your own risk.
RBLBANK LONGI hope you can now see how RBLBANK represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Long term investmentRBL is in a good buy trend in monthly time frame.
Wait for the trend reversal, if a daily candle closes above 196.55 trend reversal is confirmed go for a buy.
The expected returns is 72% - 90 %
BIG Trend reversal in RBL bankThe stock entered into bearish phase on 12th April with 10% fall in a single day , there was a phase of consolidation followed by phase of minor uptrend. The stock was yesterday able to give close above entire fall and consolidation phase. CMP is Rs 198 , any decisive move and close above Rs 200 will definitely trigger a rally. If Bank nifty supports and other factors remain constant than RBL may give 10-15% return
RBL BANK- BREAKOUTBREAKOUT OF THE TRIANGLE PATTERN IN THE DAILY TF. BUY ABOVE 201. LOOK FOR BUYING OPPORTUNITIES ONLY IF IT CROSSING THESE LEVELS. TARGETS OF 210-214 CAN BE ACHIEVED.
trandline breakout bank sector looks bullish
multiple bank stock have given upper channel breakout with good volume.
this trade looks good for 20% up move.
RBL Bank- Bottoming out.RBL bank seems to be bottoming out and might see higher levels in next few days.
Offering decent entry levels.
RBL Bank may fire on upside to 200 ++RBL Bank has broken its channel as indicated in the chart and Open interest study is also showing good support near 180 levels. Accummulate Buy for target 200 +++ stoploss 175
