RBL Bank Ltd.

Short term idea on RBLBANK 181>170>197 Using Elliott Wave on 4h

174
Based on Elliott wave and following the trend line we are able to determine that the stock can correct to 170 level and then begin journey towards its 200 DMA and reach a target of 197-200 in April month only.

Overall Trend is Bullish and this 170 will be the moment of lifetime. This stock has a potential for 3.5x in less than 2 years.

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