This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
(Earlier video was missing the mouse pointer, it is rectified in this video)
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
RBL BANK might give a good swing or positional trade with a decent stoploss and good Targets
ENTRY - 230
STOPLOSS - 224.5
TARGETS- 242, 250, 260++
If trade goes in our direction Trail your Stoploss with good R-R RATIO
NOTE- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi...
Major Trend is up
Making positive pattern
It is the matter of Breakout
Conclusion : Once break above 276 than follow the stoploss and hold for target of 300
looking at the daily time frame lot of accumulation happen i the the last several days now RBL BANK can bullish till 300 with stoploss low the 251 note i am reversing my previous looking at today price action
chart pattern double top
divergence can be seen in stochastic rsi
volume is high
if 2 consective days price is closing below 257 then we become bearish and go for covered put startegy
IT seems bulish flag pattern formation in RBLBANK
Wait for breakout or bounceback to support level to buy
buy only from
1) breakout
2) support level my drowing area
it is only for study purpose
#RBLBANK
RBL Bank Ltd has reclaimed a very important level on higher timeframe.
We still have 4 days to close the week and then we can be sure about further analysis.
However, for now this looks very good.
Here I m sharing this weekend a breakout stock that is RBL Bank, Now RBL BANK breaking a resistance level my personal view on RBL bank it can goes upto 25 - 30% hit in january 2024
INTRADAY TRADE
RBLBANK Looks Good ABOVE 255
SL 245
Targets 256.70-259.20-266.70-274.20 points from entry
Please consult your financial advisor before investing
All research for educational purposes only.
www.tradingview.com
RBLBANK: After a long consolidation, it has made a Cup & handle pattern which depicts the Bullish Breakout. The Fibonacci Extension as well as Fibonacci Retracement has superimposed and making a confluence to the prediction. If you could see the volume as well on the same Daily timeframe chart, it is continuously increasing everyday which...
RBL can become a 2x or 3x candidate if sustains above trendline in coming days then it will start its upward journey towards 700 or all time high so buy on every dip and keep tracking this stock
