In a previous blog post, it was detailed that RBL Bank has experienced a significant breakout in its chart, characterized by a robust base pattern. This breakout has served as a driving factor in the ongoing upward momentum of the stock price. Presently, the stock prices have surpassed the apex of the channel, suggesting additional strength in the upward movement.

Since the last discussion in the blog post, the stock has yielded an impressive 70% profit return from the mentioned price level. My perspective is that, if the stock maintains its recent four-month-long base, it could potentially reach the 380 level in the near future.

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