RBLBANK trade ideas
LONG RBLBANK breakout of Cup n Handle formationRBLBANK break out for cup and handle formation pattern , MACD RSI Stochastic positive and trend is positive as well
RBL Bank - 2 Hourly Z Trend Testing trendline, expect to resume uptrend. I am biased on bullish side
RBL BANK - BULLISH BREAKOUTRBL Bank.
cmp 538
Target 600 plus (min.)
Stop 500
Weekly chart
1) Stock breaks above the downward sloping consolidation zone with good volumes.
2) Cup pattern formation adds strength to the upside.
3) RS breaks above MA.
RBL BANK - SHORTING OPPORTUNITYRBL BANK
CMP 467
TARGET 402
STOP 500
WEEKLY CHART
1) LH and LL formation observed.
2) Stock has broken the strong long term support zone at 475-485
3) Relative strength shows weakening signs of stock.
