RBLBANK trade ideas
Buy RBL Bank | Expected Profit 19-25%Goodluck Capital Recommendation
Buy RBL Bank Limited (NSE: RBLBANK)
CP# - 168.9
Buy Range - 157-162
Target - 190-200
StopLoss* - 145
Duration 12-15 trading days
Potential Return^ 15-18%
Risk : Reward = 1 : 2 (for 1st target)
# Closing price on Jun 22, 2020.
* Maintain recommended StopLoss by daily closing basis.
Once 1st target hit, reset StopLoss at 179.
^ Potential returns are calculated based on the median of buy range.
RBL BANKKeep an eye on the breakout of the trendline on either sides. Levels have been marked for understanding
RBL BANK TECHNICAL VIEWRBL BANK TECHNICAL VIEW. WATCH ANALYSIS AND CATCH THE PRICE ACTION AND MAKE BIG MONEY WITH FUTURE TRADING AND OPTION TRADING.
RBL RBL RBL OHH MY GOD WHAT WILL HAPPEN NOWBREAKOUT HIT BY BEARS WHO WILL MAKE KILL
LIKELY TO REVERSE BACK TO LOWER LEVELS
RBL bank : Buy and Hold for months !!Hello friends, it takes hours to analysis charts bt likes take a second if you really like my ideas then like us and comment us for any queries.
If you are a CNC lover then you can invest in RBL, Now it's below the lower value and after continuously dropping and makes 0.618 fib level completed their 5 the wave.
Now its time to move toward control price Expecting good returns from it !!
All fib levels are targets
Thanks
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#RBLBANK If below 100, straight 45-40 levels. If planning to invest - please invest only 20 to 25% now and remaining keep in reserve.
RBL BANK inside descending traingle, break down can be happen RBl BANK is in a down trend making lower low and higher low waves and then created a Descending Triangle. In RSI Trend continuation Convergence can bee seen clearly, In price action creating downward line by Lower high and in RSI Higher high.
Levels are mentioned in fibonacci.
RBL is trading in a range 105 to 137Short below 102... One can trade between 105 to 137.
Longs only closing above 140.
Dash To Trash ContinuesOver the short-term stocks that have been hit the hardest, like RBL Bank, are continuing to mean revert to the upside. Money is rotating out of Nifty Pharma, Nifty Fast Moving Consumer Goods, and other areas that have led the recent rally and is now flowing into other areas like Nifty Financial Services that have yet to participate to the same extent. In this chart we're looking at RBL Bank confirming a failed breakdown and bullish momentum divergence by closing back above its April 3rd, closing low near 110. As long as prices are above this level, then these conditions suggest further upside in the near-term and mean reversion towards our first target of 210. Additionally, it's our view that strength in some of the worst stocks like RBL Bank is evidence of risk appetite among market participants and suggest further near-term upside for Indian Equities as an asset class.
RBLBANK - GO LONG WITH A RR OF 1:3 IN 2 WEEKSRBLBANK - GO LONG @ CMP WITH A SL OF 263 AND A TARGET OF 372 BY 16 MARCH
RBL Bank - Bearish Bias - Short at current levels.RBL Bank - Bearish Bias - Short at current levels.
SELL RBL AT THESE LEVELSRBL BANK LOOKS IN A CORRECTION LEVEL ALL MONTHLY, WEEKLY AND DAILY CHART PATTERNS. IT WILL MOST LIKELY TO BE COMING DOWN AND TOUCH 320 LEVEL AND GO UP IN UPWARD DIRECTION. I SUGGEST SHORTING THE STOCK FOR THE NEXT 2 SESSIONS.
