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Sbi Cards
SBI CARDS & PAY SER LTD
Long
Sbi Cards
By HanishT
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Updated
Apr 19, 2021
0
Apr 15, 2021
Sbi Cards - Cmp 906
Can long at cmp for initial targets of 980/1135 with sl 960 on closing basis. Medium target 1200 plus.
Reason:
1. Bullish divergence in RSI
2. Favorable risk reward ratio as near to support area.
Apr 19, 2021
Note
Correction - SL is 860. (Typing error)
Apr 30, 2021
Note
First target done :) So far has made a high of 1015. Some resistance is seen at 985 levels. Can see more upside once closing above 985.
Jun 11, 2021
Trade closed: target reached
Made high of 1139. Both targets done. Can trail stop loss and hold for 1200 plus.
Chart Patterns
Technical Indicators
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HanishT
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