~~Personal views on RBL BANK~~
Long on Rbl Bank, a good setup for positional trade. Price is moving in an ascending channel. Levels self explained on the chart. Price trading above 20D SMA & 50D SMA, waiting for 20D/50D moving average crossover for further strength in price action. RSI & MACD showing bullish momentum.
~~Do your own analysis before investing~~...
~~Personal views on IRB INFRA~~
~Neutral on IRB INFRA as long as price remains inside the channel.
~Price is moving in the sideways channel for more than 6 months now. Any move on the upper or lower side will be significant.
~Yesterday gave a close above 200D SMA with good volumes as compared to previous sessions.
~Strong support levels around 100 (Tested...
~~Personal views on ITC LTD~~
Long on ITC for short to medium term. Price is taking support at the new trend line (Purple Trend Line ) and has given breakout on the previous descending trend line . I have used simple trend line analysis on daily time frame along with RSI and MACD indicators. RSI and MACD showing good strength with good volume . RSI going up with...
~~Personal views on SBIN~~
Long on SBI bank for short to medium term, if the price breaks the neck line with good volume on closing basis. I have used simple trend lines and rounding bottom analysis on daily time frame along with RSI and MACD indicators. RSI and MACD showing good strength with good volume. Price is well above all moving averages and showing good...
