RBL is at a key resistance area. I see only 2 possible outcomes, either a cup and handle formation, or downright rejection to the bottom of the channel. Pick your poison. If it consolidates and gives a breakout, 270-300 can be target. Since I'm a long only guy on Indian sticks, that's my preference but as always, market doesn't care what I want. I have already bought from 180 levels, will add more if it goes lower.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.