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RBL Bank

12 Jun 202001:57 PM

The move in RBL after its long term A-B-C decline is starting to look like 5 waves up. We started wave v today mostly and now it is a question of size. v=i is at 192. If we go above that then either wave iii is extending or wave v is extending. A larger degree move can attempt to go on till the Feb high near 345. So one cannot predict but trail till the move goes on making higher tops and bottoms.

rbl 120620

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