Wednesday, October 8, 2025

RBL Bank Stock Breaks Out – Positional Buy Levels & Targets for October 2025

 

RBL Bank Stock Breaks Out – Positional Buy Levels & Targets for October 2025

📊 RBL Bank Stock Breaks Out – Positional Buy Levels & Targets for October 2025

RBL Bank (RBLBANK) has shown strong bullish momentum in 2025, moving from around ₹150 levels in March to nearly ₹290 in October. The stock has now given a breakout above consolidation and looks positive for positional traders.

🔹 Technical Overview

  • Current Price: ₹289.20
  • Support Zone: ₹275 (immediate), ₹260 (strong)
  • Resistance Zone: ₹295 / ₹310
  • Trend: Strong uptrend with higher highs and higher lows
  • Volume: Increasing during breakouts – strong institutional activity

📌 Positional Recommendation

  • Buy Zone (on dips): ₹280 – ₹285
  • Short-term Target: ₹295 – ₹300
  • Extended Target: ₹310+
  • Stop-loss: ₹268 (daily closing basis)
💡 Strategy: Traders can enter on dips near ₹280–₹285 with strict stop-loss. Investors may hold as long as RBL Bank stays above ₹260, as the trend remains strongly bullish.

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