Chart Pattern Analysis

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… Read more

Support levels are crucial for identifying optimal entry points for trades. Traders can look for buying opportunities when an asset’s price approaches a known support level, anticipating a bounce back.Conversely, support can serve as a guide for setting exit points. Traders may choose to sell near a support level if they believe it is likely… Read more