Royal Bank of Scotland Group plc (LON:RBS)

[SMR]

The Royal Bank of Scotland Group plc (RBSG) is a holding company. The Company operates through its banking and financial services subsidiaries, including The Royal Bank of Scotland plc (RBS) and National Westminster Bank Plc (NatWest). The Company’s operations are conducted through various divisions, including UK Retail, UK Corporate, Wealth, International Banking, Ulster Bank, and US Retail & Commercial, Markets and Non-Core Division. UK Retail offers a range of banking products and related financial services to the personal market. UK Corporate is a provider of banking, finance and risk management services. The Wealth division provides private banking and investment services. International Banking serves the companies with a client proposition. Ulster Bank is a retail and commercial bank. The US Retail & Commercial division provides financial services. Markets is an origination, sales and trading business. The Non-Core Division manages various assets of the Company.

Official website: www.rbs.com

[jonsmith]

BUY

TARGET 365
The Major trend of ROYAL BANK OF SCOTLAND PLC it is showing strength for buying. If it breaks the level of 362 then it can test resistance level for the target of 365 with the stop loss of 359.

Stock is trading in a range and trading near the trendline. Breaking the resistance line will lead to upside movement. Stock is trading above the 50 DMA with positive bias.
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