rafeahmed

RBL Bank - Intraday Trade Setup

Short
rafeahmed Updated   
NSE:RBLBANK   RBL BANK LTD
RBL 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
Trade closed: target reached:
Sell was given 175 - 168 range with 1st target of 165. It went till 165.80 today's low and high 174 only... Didn't perform as per the expectation. Exited with minimum profits of 4 points only

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