Based on the chart you've provided for RBL Bank Ltd (RBLBANK on NSE), here are the trading recommendations and some fundamental insights:
### Trading Recommendation:
- **Entry:** Current Market Price (CMP)
- **Stop Loss (SL):** Below ₹235
- **Target 1:** ₹430.10
- **Target 2:** ₹603.40
### Fundamental Overview:
RBL Bank is a private sector bank in India known...
Nifty future, banknifty future analysis and intraday plan in kannada.
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
On the basis of result RBL bank has the view in 1 year to reach double top, price has already created a rounding bottom.
On the basis of result RBL bank has the view in 1 year to reach 750
Continuous good result will make it happen.
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
RBLBANK
WEEKLY TIMEFRAME
Note Please leave comments for any query.
Disclaimer This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
PRABHUMAYAKANNAN
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.
