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RBL BANK LTDRBL BANK LTDRBL BANK LTD

RBL BANK LTD

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RBLBANK trade ideas

RBL BANK INTO A-B-C CORRECTIONRBL BANK CHART ANALYSIS 1) MAJOR DOWN TRENDLINE ACTED AS RESISTANCE AT RECENT HIGH OF 274. 2) STOCK IS TRADING IN HIGH CONFLUX AREA OF TRIANGLE PATTERN. 3) IT IS ALSO INTO A-B-C CORRECTION, RUNNING WAVE A WHICH MAY END AT 218. THEN WAVE B AT 50% RETRACEMENT GIVES TARGET OF 245. AND THEN WAVE C WILL TAKE PRICE TO 189 BREAKING SUPPORT TRENDLINE. 4) AVOID LONG TRADES. SHORT TRADES MAY BE ENTERED AT END OF WAVE B KEEPING STOPLOSS AT START OF WAVE A. PLAN YOUR TRADE ACCORDINGLY. THIS ANALYSIS IS FOR EDUCATIONAL PURPOSE AND NOT FOR TRADING.
NSE:RBLBANKShort
by KJ_nvrlosemoney
► ADVANCE PATTERN #1: RBLBANK ◄► ADVANCE PATTERN #1 ◄ 📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns. ☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio. ☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!! Entry: ▲ 280 SL: ☢ 250 Target: ➚ 360 RR: ☈ 1:2.6 ☆ Thank you. Happy Trading!!! Best Regards, 𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧 𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮. ✮ Disclaimer ✮ -------------------------------------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ---------------------------------------------------------
NSE:RBLBANKLong
by Profitable_Traders
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