Panchalk

Breakout from Triangle pattern

Long
NSE:RBLBANK   RBL BANK LTD
RBL bank has fallen from the highs of 680+ to 110 ( which is bad for any stock!!)....it is moving up now...the pattern looks good, so let us hope for the best. targets are marked. I am thinking short term ( I mention this because there are stocks where i would think long term for e.g Larsen & Toubro, a heavy weight which has had a multiyear breakout and is slowly moving up- please see the chart pattern which i have posted). This is an idea, not a recommendation.
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