In the Long run (Daily chart),
Whenever the stock takes the support of 50 EMA, it rises upwards with volume in the long run.
Risk-takers can take a call to buy the stock for the long term.
At the end of today's trading session,
The stock gained momentum and crossed its Average Volume(20) in an uptrend (15mins chart).
MACD and RSI giving a signal to buy the stock.
Target - Rs.780
RBL Bank has formed a Head and Shoulder pattern in a long run. Maybe now the stock can be seen following a bearish trend.
Long Term investors, be careful in your buying/shorting decisions.
![PVR: Rising Wedge Alert \/\](https://s3.tradingview.com/z/z6HJGreA_mid.png "Rising Wedge Alert \/\")
