#RBLBANK #HR001edu #tracking I will try to analyze this stock and post whenever possible (in this thread).
Why RBL bank? this is going to be a historical stock and we should not miss history.
#Learningfirst

#update #RBLBANK rounding top formation and another fall of 50%. Focus on volume candles marked by arrow and think for 5min and comment whatever comes to ur mind.

#update #RBLBANK when a stock is not able to break its own previous high and its successive highs are lower and lower, this means no serious buyers involved and it finally cracked.

#update #RBLBANK when most good banking companies r green today, this one took around 10% hit. Is it not a warning that smt is bad in this counter. 13+7=20L fut open interest additions.

#update #RBLBANK
on D tf

#update #RBLBANK on 15m tf, it formed a series of lower highs and lower lows clearly indicating bearishness.
I will check charts tomorrow (night), but those doing intraday can keep an eye on it.

#update #RBLBANK so what it did today?
it behaved as expected. It opened gap up, but huge selling came in breaking the previous day low. It is making Lower highs. Now how about OI of today?

#update #RBLBANK today's OI is +13L up in near month and no significant addition in mid month. Last session, it was up +20 L. so for 2 days, total is 33L up and price is down 13% in 2 days. weekly candles r showing a stark reality unfolding in rbl bank .

#update #RBLBANK #DAY3
now continuing with the ongoing analysis, it went as expected. So, a great learning experience for those who r following this thread closely.