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akkshay11
Aug 26, 2020 5:53 PM

RBLBANK - WATCHLIST CANDIDATE Long

RBL BANK LTDNSE

Description

NSE:RBLBANK

THE WAY THIS SCRIPT HAS SEEN THE LONGS BEING ADDED, THE IMMEDIATE LEVELS TO WATCH OUT ARE 206, IF IT CLOSES AND SUSTAINS ABOVE 206, EXPECT A GOOD MOVE AND UPSIDE IN COMING DAYS

TARGETS CAN BE 220, 229, 239 & 248 FOR SHORT TERM
INTRADAY IT CAN GET TO 215 AND 220


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Hi all,

Its pleasure to have you all here.

I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.

Few Honest Disclosures:

1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.

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Comments
ritu14
Hi Akshay, RBL Bank Closed over 210, so you see it going to 250?

Thanks
akkshay11
@chawlaritu14 There is a weekly and monthly breakout in it if you see on charts, so hopefully it should, also stop loss is too small to carry position.
akkshay11
It has tried to knock on our levels and retraced back, keep an eye on this one ;)
ritu14
Thank you Akshay
akkshay11
@chawlaritu14, You are welcome, spread the word if it helps you :)
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