RBL BANK ANALYSIS

22 nov 2019

AS WE CAN SEE IT HA TAKEN RESISTANCE FROM FIBONACCI`s 61.8% LEVEL MANY TIMES AS SHOWN WITH WHITE ARROW SO I GUESS IT IS HEADED FOR THIS LEVEL AGAIN AS MARKED WITH ARROW AND MAY TAKE RESISTANCE AGAIN THERE FIRST LET UPPER TREND LINE BE BROKEN ON CLOSING BASIS
NOTE: FOR EDUCATION ONLY

25 nov 2019

Nota

upperline not yest broken on closing basis

26 nov 2019

Nota

AS EXPECTED IT IS RESPECTING CHANNEL LINE

2 dic 2019

Nota

let 385 be crossed on closing basis

6 dic 2019

Ordine annullato

6 dic 2019

Nota

channel line broken on closing bsais