RBl Bank - Double Bottom

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Please find my analysis for RBL Bank solely for Educational purpose-

Analysis :-
Perfect Double Bottom Formation - Downward price trend, Two valleys at absolutely same level, Peak within bottoms at around ~9%, Volume moving down from Left to Right
Confirmation - Above 133.25 but is a good bet at current stage

RSI and Stochoastic cleary showing Oversold trajectory.

Fibonocci Retracement levels indicate 133 and 149

Regards,
Aashish

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تم فتح الصفقة

Just watch the stock fly.. Follow this trade for learning Double top and Technical indicators

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ملاحظة

Stock flying

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ملاحظة

RBL moving with Momentum..

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Next Target - 135 and 148

For Educational Purposes