GoodluckCapital

Buy RBL Bank | Expected Profit 19-25%

Long
NSE:RBLBANK   RBL BANK LTD
Goodluck Capital Recommendation
Buy RBL Bank Limited (NSE: RBLBANK)

  • CP# - 168.9
  • Buy Range - 157-162
  • Target - 190-200
  • StopLoss* - 145

  • Duration 12-15 trading days
  • Potential Return^ 15-18%
  • Risk : Reward = 1 : 2 (for 1st target)

# Closing price on Jun 22, 2020.
* Maintain recommended StopLoss by daily closing basis.
Once 1st target hit, reset StopLoss at 179.
^ Potential returns are calculated based on the median of buy range.

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