RBLBANK looks good for investmentRBLBANK formed cup and handle pattern and looks good for investment above 230... Keep sl as per ur setup
RBLBANK trade ideas
RBL Bank ViewIf it breaks the trend line then SELL, if it touches the trend line and move upwards then BUY.
RBL bank RSI negative diversions +evening star at top daily TFRBL bank RSI negative diversions +evening star at top daily TF, wait for trendline to break and can go short.
A BREAKING OUT CHARTRBL BANK IS TRADING AT BREAKOUT LEVEL..CAN SEE AN GOOD UPMOVE AS IT'S AN UNDERPERFORMING BANK TILL NOW..
A GOOD SHORT 5-10% RETURN ON THE STOCK..
RBL Bank - Sell Idea - 16.10 For tomorrow we will look to
- Sell around 165 (Look for sign of breakout)
Target:157/SL: 167.5/RR: 1:3
RBL Bank - Intraday Trade SetupRBL Bank CMP – 169.75
Looking bearish. One can go for Intraday trade with the following entry, exit & targets
Sell range 175 - 168 / Stop Loss 183
Target 1 - 165
Target 2 - 160
Target 3 – 157
Note: This is my view and for educational purpose only
RBL within a Buy Setup RBL made a head & shoulder & then gave a breakout with Volume confirming that the Buyers are interested to push the stock forwarded . We need to wait for few days to see its reaction near the Uptrend support line and once the Stock takes support with good volume can enter the Trade .
Any bullish candle giving a price breakout above 192 with Volume will be a good indication to enter the trade.
RBL BANK : 31 AUG 20 :WHAT ARE THE OPPORTUNITIES HERE?
SEE ALL MY PUBLICATIONS, IF IT SEEMS TO BE THE PROFIT RAINING THEN ONLY LIKE AND SHARE WITH YOUR NEAR AND DEARS.
1. DAILY HIGH IS AT UPPER B BAND.
2. BEAUTIFUL TRIANGLE FORMATION BETWEEN DAILY RESISTANCE AND HOURLY SUPPORT.
3. MEDIUM VOLATILITY IN LAST TRADING DAY.
4. 214 IS THE MAIN RESISTANCE AREA FOR DAILY CHART.
5. SELL BELOW 209 IS A JACKPOT.
MY SINCERE THANKS TO MY GURUS TRADING PANTHULU AND NAYAN POKARKAR
