RBL ENTRY BELOW Rs.260 TARGET 251 SL 262
RBL ENTRY BELOW Rs.260 TARGET 251 SL 262
The stock was gaining on the news that Emirates NBD is looking to acquire a minority stake in RBL bank. The stock has less strength on the chart as the RSI was showing bearish divergence to the rising price of the stock. It opened today on the higher side making high of Rs.265.25 and failed to continue higher high momentum. It took a pause at Rs.260 level and hence looking for potential downside upto Rs.250, with a stop above 262. The risk-reward is favorable.
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ASJ_Stockmarketclasses
I’m Prasad Bhave, a Senior Research Analyst with over 15 years of experience in market intelligence, data-driven strategy, and trend forecasting. I specialize in translating complex data into actionable insights that support business growth and decision-making.
My work spans across sectors including Finance / FMCG / Technology / Healthcare, where I’ve led high-impact research projects, competitor analysis, and strategic reports for C-level stakeholders.
I’m passionate about combining deep research with practical outcomes, and thrive in environments that demand both analytical rigor and creative thinking. Whether it's uncovering hidden market opportunities or refining business strategies, I aim to deliver clarity and results through data.
