RBLBANK trade ideas
RBL within a Buy Setup RBL made a head & shoulder & then gave a breakout with Volume confirming that the Buyers are interested to push the stock forwarded . We need to wait for few days to see its reaction near the Uptrend support line and once the Stock takes support with good volume can enter the Trade .
Any bullish candle giving a price breakout above 192 with Volume will be a good indication to enter the trade.
RBL BANK : 31 AUG 20 :WHAT ARE THE OPPORTUNITIES HERE?
SEE ALL MY PUBLICATIONS, IF IT SEEMS TO BE THE PROFIT RAINING THEN ONLY LIKE AND SHARE WITH YOUR NEAR AND DEARS.
1. DAILY HIGH IS AT UPPER B BAND.
2. BEAUTIFUL TRIANGLE FORMATION BETWEEN DAILY RESISTANCE AND HOURLY SUPPORT.
3. MEDIUM VOLATILITY IN LAST TRADING DAY.
4. 214 IS THE MAIN RESISTANCE AREA FOR DAILY CHART.
5. SELL BELOW 209 IS A JACKPOT.
MY SINCERE THANKS TO MY GURUS TRADING PANTHULU AND NAYAN POKARKAR
RBLBANK - WATCHLIST CANDIDATENSE: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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RBL for the target of 215 in 4 to 5 sessionsRBL entered into perfect trend line with higher highs and higher lows.
SL could be 201
target 215.
RBLBANK CONSOLIDATIONRBLBANK continue to consolidate on daily basis. if it close above 194 on daily basis, it could rally upto 226-230 which is also acting as 200 DMA. observe the price action at consolidation channel. it is continued to trade at higher level of the channel, indicating likely break upside.
Not good with Flag Pole identification but this might be oneRBL Looks like in a flat pattern with diminishing volume
Looks potential FP, need to decide if I should FOMO or wait for the breakout and enter. Well I always keep a SL.
RBL Bank - Flag & Triangle Combo BreakoutRBL Bank has given a Break out after forming a Flag and a Triangle. Also NR4 & Inner Candles formed. Very Good Long Opportunity with very less Risk to Reward.
#RBLBankThe stock seems to be in a tight range for a while now. Might give some momemtum in coming weeks.
