RBL bank under dog

1. take support on 21 EMA.
2. close above 200 EMA
3. long buildup in futures.
4. 190 to 194 multiple support . ( 21 EMA, weekly CPR)
5. 214 weekly chart resistance .
5. RSi above 50 since last few weeks.
one should consider to buy around 195 ,,stop loss 190 ,, target 214 .

Commento:

RBL close at205. futures open interest shows short covering.
196 still strong support. but one can trail stoploss 199 closing basis.
target 214

Commento:

trail stopploss todays close .
target 214 pending.

Commento:

stoploss get hit target miss by 2 rs.