RBL BANK LTD - RBLBANK(NSE) | FLAG CONTINUATION PATTERN

21 янв. 2022 г.RBL 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.