RBL BANK LTD
شراء

RBL Turnaround??

109
RBL was a Rs 700 stock, before falling from grace....we are clearly in a support area and i envision 2 paths for this stock, note the tight downward channel on weekly....there is buying interest with huge upside potential...Although stocks have a habit of making multiple trips to support area before an actual reversal, don't expect anything major for a while, but once the momentum starts, it will be difficult to enter....I'm buying with every dip to bring my average cost down which is 200 at this point, and i have multiple sell orders stacked till 700.....Use your own risk management.....

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