Ankushkokane

RANGE BEREAKOUT IN SBICARDS.

Long
Ankushkokane Updated   
NSE:SBICARD   SBI CARDS & PAYMEN
a strong closing above the range can be seen in SBICARDS in daily timeframe(1D timeframe), can be a good buy candidate at CMP with a strict stop-loss of 970, can only be avoided if closes below 970 level, may show a good upmove after being rangebounded for a long time.
THIS VIEW OF MINE IS PURELY BASED ON TECHINAL CHART, BEWARE OF NEWS.
Trade active:
1015-1022 zone forming a good support, keeo the stop-loss below the given zone, Trade is still active and would suggest to hold the position if you're holding one.
Trade closed: target reached:
Target has been reached, would suggest to exit trade/position if you're still holding.

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