On Chart it is forming symmetrical triangle pattern which is a bullish pattern.
It also taking support on Trend line and Fibb level.
For symmetric triangle and Fibb level is best combination. With this combo if Monthly candle break trendline and 0.5Fibb level we can expect an possible upmove.
Note: - SBICARDS has highest market share in cards market in INDIA. Due to weak result it is falling. - This is not an invest call , but a study how symmetric triangle and Fibb level works combo works.