RBL BankRBL bank sell rise.
The result of this quarter is less than june quarter.
INR VS USD at life time low.
November month sell rise.
RBLBANK trade ideas
RBL Bank Trading Opportunity# closing at almost day's high
# closing above 3 drwan resistance after being rejected many time in last 6-7 days
# Banking sector in general going up
# profit booking after Aug month move seems done.
# long at 117, SL at 113, target 1:3 129
RBL BANK CHARTRBL bank will more fall may it will come at 107 level... but there is rare chance that it can go up.
long breakout positional stock has given trendline breakout with good volumes seen , stock looks very positive
RBL Bank Trading Opportunity# The stock is witnessing strength along with bank nifty
# The stock did only 38% retracement of the recent move from 81 to 96 before Q1 result and has crossed the high made before result.
# post result selling was on higher volume and today's outperformance suggesting relative strength and continuation of upmove.
# Fundamentally the market reacted post the announcement of new PSU bank CEO fearing massive increase in NPA which did not happen in Q1 result.
# Both microfinance and credit card business is expected to improve from here on along with wholesale business. The bank doesn't need to raise capital due to sufficient CAR.
# immediate resistance could be visible around 100 level but the stock should eventually reach 115 level (level seen prior to new CEO)
# At 96 a long position with SL at 89.9 and a tgt of 115 results in a RR of 1:3.
RBL BANKRBL bank is soon the edge, close below 100 there is no end in sight. trading below SMA 200. self explanatory chart.
IS it Worth Buying RBL Shares in 2022 ?? Click to ReadRBL Bank after correcting by >50% in last 6 months, may give a bounce.
By Looking at Charts & its Structure, it seems that RBL Bank may ‘Fill the Gap” which formed in dec -2021 at around Rs.171, in next 10–12 weeks.
Also, Stock has formed “Double bottom” Pattern ( or W Pattern ) on weekly Charts, which is Bullish in nature, & Stock is on Verge of breaking Trendline and Pattern Target indicates, Stock can easily give 100% return from CURRENT level.
This seems achievable only if Price Stays above Rs.100 /- on Weekly Closing, If stocks closes below Rs.100/-, then all hell will break loose, one should Exit the stock ( or can SHORT for Lower Levels ).
P.S: For Academic purpose
#investing #investment #share #Ichimoku #chikoutrader #RBLBank
RBL BANK - READY FOR WAVE 3 - ELLIOT WAVEAfter a lot of consolidation, RBL BANK has formed wave 1 and 2. Now ready for a fresh start.
(LONGTERM)
-Definitely not SEBI - Registered. So, this is only for educational purpose.
RBLBANK WEEKLY Bullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
RBL Bank Breakout for possible 90% upmoveRBL Bank has recently broken the long awaited trendline. Given the new highs in Bank sector, we might expect this instrument to move up.
Reasons for upmove:
- Breakout with volume in nearly 20 months
- Banking sector on the rise
- Have not recovered unlike other rival banks
Possible targets 270, 315 and 385 with stoploss not less than 185
R:R ratio is >10
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RBL BANK LTD - RBLBANK(NSE) | FLAG CONTINUATION PATTERNRBL BANK LTD - RBLBANK(NSE) has been forming a Flag Continuation Pattern since April 2021, when viewed in a 4hr chart. A long candle cutting the rectangle upwards is a sign of bullishness and a strong buy signal. Also, a bounce-back from the lower boundary is a strong buy signal, keeping the target as the top boundary of the rectangle. In this case, the target will be reached in less than a year. Watch out.
Triangle PatternRBL Bank has formed triangle pattern it is good buy around marked demand area with below demand level as SL for the target given on the chart.
Let's see
Happy Investing!
RBLBANKrbl bank is at nearly suport level on mothly chart ani aslo forming bullish diversion in rsi. sp we can look for bullish entry in it, keeping stoploss 103, go with 1/3 qty wi can avg at each deep until 110.
RBLBank - Wedge Pattern Breakout - Bullish Short Term RBLBank broke out of the Descending Triangle Wedge Pattern Nov 2nd week. Need to take out the Strong resistance levels at 226.4 and 274.3 for long term bullish trend.
Rblbank bang on analysisHope You saw the analysis which was posted earlier before the fall, post was updated when it was at 172, currently at 130 within 3 days. Chart always works. Please don't invest and don't get into fomo, there are lots of other good companies where u can invest. Rblbank previous chart is attached . Please do give some likes and follow.👏
rbl bank buy ideawe can clearly see stock has taken support exactly at the support line, as far as technical based trading is concerned I believe its a good oppurtunity for long position although there are bad news running around. but that is how market behaves, stock rises very fast after a panic is created and also sometimes stocks crash.
its a very good example of demand and supply and support break.
RBLBANK NICE BUYING ENTRY POINTHi Guys, I saw this stock in news,after looking at it can say it has very good entry setup for buy. it is a good percentage move almost 80-110% move from particular price levels. although overall move is to downside. but this move itself is not bad either by looking at return potential. if you want you can enter without much worry in it.
Take care.
RBL bank wave analysisRBL bank is getting ready for new bull run,its near completion of wave 2 then we wiil have a big wave 3
