manuagarwal21

SBICARD - BREAKOUT SETUP

Long
NSE:SBICARD   SBI CARDS & PAYMEN
On hourly chart stock started to form higher high formation, and rsi is also well aligned the price, suggestion price up move is fueled by the good momentum.

So everything as of now looks good on the charts , and any breakout above the trend-line would possibly lead a good move in the stock and stock could be seen reversing the down trend its being seeing since listing.

This trade has great risk reward ratio.
So always plan ahead and reap the profits.

Do not follow blindly, please do your own research.

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