NSE: RBLBANK is looking to breakout from the consolidation range.
Today's volumes indicate a huge demand and should move the stock to previous swing highs in the coming days.
The stock has been in a continuous uptrend with trendline supporting the upmove.
One can look for a 6% to 10% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Disclaimer:
This is for educational purposes only.