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
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Support : 171.30 and 161
Breakdown : 179.65
LTP : 182.90
Breakout : 185.70
Long Target : 190 and 198
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Positive & Negative Point:
1) Bullish in Daily chart.
2) Neutral in weekly chart
3) bearish in Monthly chart
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(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
