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RBLBANK

RBL Bank Cup and HandleNSE:RBLBANK Rbl Bank is forming a Cup since march and completed in July while the Handle is still in formation making a Cup and handle pattern to make a bullish breakout in future. In 1 hour chart its making same combination of positive and bearish divergence with RSI twice signifying a bullish view in coming period. In 1 hour chart the price is below 50 days Moving average and the long term MA has crossed above the short term MA implies it will fall more to complete the channel i.e.. the support line of handle. it has successfully touched the 0.786 level of previsious bulish swing i.e.. 162 and will fall till 0.886 level -inverse Fibonacci retracement. I can be 100% wrong. Do your own analysis before trade. Happy Trading.
NSE:RBLBANK
by ishaagarwal782
RBL BANK form Cup & Handle and Neckline#RBLBANK form the cup handle pattern on day chart and on 23 July form Neckline candle that showing bullishness and on 24 July stock form long green candle with High trade and delivery. Showing Bullish result in Technical Parameter: CCI is Treading UP RSI is Treading UP William %R is Treading UP Stoch is Treading UP Aggressive New Long DI+ is above DI- and showing divergence ---------------------------------------------------------- Support : 171.30 and 161 Breakdown : 179.65 LTP : 182.90 Breakout : 185.70 Long Target : 190 and 198 ---------------------------------------------------------- Positive & Negative Point: 1) Bullish in Daily chart. 2) Neutral in weekly chart 3) bearish in Monthly chart ---------------------------------------------------------- (Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
NSE:RBLBANKLong
by singajai
RBL bank : Buy and Hold for months !!Hello friends, it takes hours to analysis charts bt likes take a second if you really like my ideas then like us and comment us for any queries. If you are a CNC lover then you can invest in RBL, Now it's below the lower value and after continuously dropping and makes 0.618 fib level completed their 5 the wave. Now its time to move toward control price Expecting good returns from it !! All fib levels are targets Thanks Like, share and comment
NSE:RBLBANKLong
by Trading_buddy
2
Dash To Trash ContinuesOver the short-term stocks that have been hit the hardest, like RBL Bank, are continuing to mean revert to the upside. Money is rotating out of Nifty Pharma, Nifty Fast Moving Consumer Goods, and other areas that have led the recent rally and is now flowing into other areas like Nifty Financial Services that have yet to participate to the same extent. In this chart we're looking at RBL Bank confirming a failed breakdown and bullish momentum divergence by closing back above its April 3rd, closing low near 110. As long as prices are above this level, then these conditions suggest further upside in the near-term and mean reversion towards our first target of 210. Additionally, it's our view that strength in some of the worst stocks like RBL Bank is evidence of risk appetite among market participants and suggest further near-term upside for Indian Equities as an asset class.
NSE:RBLBANK
by AllstarchartsINDIA
RBL - waiting for direction RBL bank , one time hot favorite for the investors reminds me of the phrase rags to riches. I have enlisted the various years in which the trend lines have been very helpful to ensure wise money management by fulfilling one of the 2 investment rationales 1. Buy Low, sell high (knowing the various trend lines helps to know where a low could be and where a potential high could be) 2. Cut your losses if the trend has changed and be wise to relook at your strategy. They don’t say for nothing that Cash is King In the year 2020, price has largely moved within the price range of 310 to 390 A close above 2019 resistance line of 413.90 may give us some sign of potential change in current trend which seems to be sideways. Will be posting more notes on this in a later chart too Keep looking for more. Please share a thumbs up if you like what you see and you could also share your comments in the section below
NSE:RBLBANK
by LoveForCharts