2026-09-23 10:55:28 am | Source: Religare Broking Ltd
Stock of the day - RBL Bank Ltd Target Rs. 455 - Religare Broking Ltd
RBL Bank Ltd
Buy RBL Bank Ltd CMP (Rs) 423.20 Range* 421-424 SL 407 Target 455
* RBLBANK maintains a bullish technical structure, marked by an upside breakout from a flag formation and a sustained sequence of higher highs and higher lows.
* The stock is trading decisively above its short, medium and long-term moving averages, whose positive alignment reinforces underlying trend strength.
* The breakout is supported by improving volume participation, validating buying conviction and momentum.
* Investors may consider accumulating the stock within the recommended range.
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