RBLBANK - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Technical Analysis for RBL Bank (RBLBANK) Technical Rating: 4.2

📈 Trend Overview

Current Price: ₹256

50 DMA: ₹239 → Bullish crossover

200 DMA: ₹208 → Strong long-term uptrend

Trend Status: Trending upward with mild consolidation near resistance

🔍 Momentum Indicators

RSI (54.8): Neutral to mildly bullish; no overbought/oversold signal

MACD (5.47): Positive and above signal line → bullish momentum

Bollinger Bands: Price near upper band, suggesting strength but caution for volatility

Volume: 1.32 Cr vs 1-week avg of 1.07 Cr → above-average activity, confirming interest

📌 Support & Resistance Zones

Level Price (₹)

Support 1 249–250

Support 2 239 (50 DMA)

Resistance 1 264–266

Resistance 2 272–273 (52W High)

Trendline Support: Rising from ₹208 (200 DMA) through ₹239

Breakout Zone: ₹266–273

Consolidation Zone: ₹250–260

🎯 Entry & Exit Strategy

Optimal Entry: ₹250–254 (near support, post minor pullback)

Exit Zone: ₹266–272 (approaching resistance)

Stop Loss: ₹239 (below 50 DMA)

📌 Short-Term Signals

Momentum: Building, but not overheated

Volume Spike: Indicates accumulation

MACD & Moving Averages: Bullish alignment

RSI: Room to rise before overbought

🧭 Conclusion

RBL Bank is trending upward with strong volume and bullish technicals. While not in breakout mode yet, it’s showing signs of strength. A minor dip toward ₹250 could offer a good entry, with targets near ₹270. Watch for resistance near 273 and maintain caution if RSI crosses 70.

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