RBL BANK LTDLong
RBLBANK strong breakout with heavy volume
Reasons to buy RBLBANK:
1. Stock gave a strong breakout from the descending triangle pattern with heavy volume.
2. Company manage to came in net profit of 31 Crores in sept-2021 quarter, while it was in net loss of 459 Crores.
3. Stock is trading at 0.98 times its book value.
Targets: 270, 400
Hold for 6 months to 1 year
Points to remember before buying:
1. Always diversify your portfolio.
2. Never give more than 5% weightage to a single stock.
1. Stock gave a strong breakout from the descending triangle pattern with heavy volume.
2. Company manage to came in net profit of 31 Crores in sept-2021 quarter, while it was in net loss of 459 Crores.
3. Stock is trading at 0.98 times its book value.
Targets: 270, 400
Hold for 6 months to 1 year
Points to remember before buying:
1. Always diversify your portfolio.
2. Never give more than 5% weightage to a single stock.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.