RBL BANK LTD
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RBL Bank Breakout for possible 90% upmove

От iitiantradingsage
Обновлено
RBL 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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