Daily Chart

RBL Bank trading above key short term Moving Average and has been in positive momentum from last week gaining more than 8%
The stock is now on the verge of a breakout above Bullish H & S pattern
But it is always said that early bird gets the majority of meat.
Thus, it is important to time the entry, exit and stop loss by the application of basic and advanced technical analysis tools

Is there still more upside for the stock ?
Has the stock has made a medium term bottom ?
Is this the right time to invest in the stock ?

The Elliot Wave counts suggest a medium term bottom for the stock and it could head towards north. A bullish pattern witnessed in short term charts coinciding with the fractal nature of charts confirming the north direction.

Till which levels the stock could rise _ _ _. We are long in the stock from _ _ _ levels.

There is a big STAR trading opportunity in short , medium and long term coming up for the stock

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