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RBL Bank Seems A Good Buy on Dips As Well !

Diupdate
Dear All ,

RBL Bank Seems A Decent Bet for Playing Longs At Current price as well as On Dips ! After Completing A 5-Wave Correction , It has given Reversal with Positive Divergence with RSI .

It seems that Now It has Completed 1st Wave (Implusive) & 2nd (Corrective) . So We should start buying it above 565 Rs. !

Strategy :

Entry : Buy Above 565 Rs.

Targets : 580-600+ Rs.

SL : 540 Rs. (CLBS)

Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .

Disclosure : I am not A SEBI Registered Technical Analyst !

Regards ,

Mohit Jangir (KBMJ)

Happy Trading !!!
Catatan
cuplikan
Catatan
Entry wasn't triggered ; A Safe Bet Above 565
Trade aktif
565 to 571.5 So Far :)
Trading ditutup secara manual
575 Rs. Now ; 2% Up ; Conservative Traders Can Book Partial Profits
Catatan
Recommended to Buy on Dips ; Lows of 548 & Rally to 577 Rs. :)
Chart PatternsTrend AnalysisWave Analysis

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