Ascending Triangle - Rane Break LiningAscending Triangle Observed in Rane Break Lining
Entry Above 1000
SL 10%
TGT 1200
RBL trade ideas
RBL looking good for swing tradeCompany gave a good quarter with a potential turn around. RBL looking good above 1061 for swing trade with upside potential of 15-20% if the momentum continues we can hold it for long for a bigger target.
Stop Loss @ -7% from entry level
Note: Please consult your financial advisor for any investment. This idea is only for educational purpose.
Rane Brake Lining-Nice BreakoutRane Brake Lining-Nice Breakout
Capital to be deployed- 20k
Investing Price -890-895
Breakout Price -888
Stoploss -782
Targets -1094-1398
#ranebrake #stockmarkets #StocksToBuy #StocksInFocus #StocksToTrade
RANE BRAKE LINING - RBL(NSE) | BULLISH PENNANTRANE BRAKE LINING - RBL(NSE) has been forming a Bullish Pennant since a few days. A long candle cutting the Pennant upwards can be considered as a good buying opportunity. A rally from 784(red, dashed line) till 919(green, dashed line) had happened twice in the past, out of which one occurrence has been plotted by the yellow, curved arrow in the chart. Hence, watch out thoroughly for a breakout and place your buy order accordingly, keeping the target as 919. This would hardly take a week to reach the target, after the breakout.
RBL Trade - February 2020Weekly Support and Daily Support is holding firmly and any close above 590 will set the right base for uptrend.Enter break above daily trend line.
