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RBL Bank Update

3 Jun 202007:12 AM

RBL Bank made a higher bottom at 105.40 this month and I think that is the 5th wave within wave C because on the daily chart it is an ending diagonal. This is a weekly chart that shows a completed A-B-C structure where C = A had already been reached. With a major 3 wave decline done it may be worth considering that a medium to long term bottom is put in place and an upward trend can start from your.

RBL 030620

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