RBL BANK LIMITED - POSITIONAL!!

6 ก.ค. 2020

RBL BANK LIMITED

#RBLBANK is moving in a narrow range and has given a trendline break-out but without conviction.

RSI is above 50-level & is Bullish.
TT2 Trend is Bullish in 15 mins & Daily Timeframes.

If the price breaks above 181.25 with Volume & Conviction, the next resistance is 192.45/205. the Support is 170.90.

For the downward movement, the price needs to break 175 with Volume and Conviction, the next Support is 170.90/163.40/155.50. The Resistance is 181.25.

KEEP AN EYE!!

***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.