RBL BANK LIMITED - POSITIONAL!!
RBL BANK LIMITED
#RBLBANK is moving in a narrow range and has given a trendline break-out but without conviction.
RSI is above 50-level & is Bullish.
TT2 Trend is Bullish in 15 mins & Daily Timeframes.
If the price breaks above 181.25 with Volume & Conviction, the next resistance is 192.45/205. the Support is 170.90.
For the downward movement, the price needs to break 175 with Volume and Conviction, the next Support is 170.90/163.40/155.50. The Resistance is 181.25.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
#RBLBANK is moving in a narrow range and has given a trendline break-out but without conviction.
RSI is above 50-level & is Bullish.
TT2 Trend is Bullish in 15 mins & Daily Timeframes.
If the price breaks above 181.25 with Volume & Conviction, the next resistance is 192.45/205. the Support is 170.90.
For the downward movement, the price needs to break 175 with Volume and Conviction, the next Support is 170.90/163.40/155.50. The Resistance is 181.25.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
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Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500
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