SBICARD -long for 10 %
Updated
valuation is expensive at current level , so the suggestion is purely techincal
1. inside bar formation above 18 day EMA followed by a bullish engulfing bar
2.this bullsih engulfing bar closed above 200 day EMA with decent volumes
3.18 day EMA crossed 50 and 100 day EMA
4. Rounding bottom BO
target and SL marked
1. inside bar formation above 18 day EMA followed by a bullish engulfing bar
2.this bullsih engulfing bar closed above 200 day EMA with decent volumes
3.18 day EMA crossed 50 and 100 day EMA
4. Rounding bottom BO
target and SL marked
Note
looks good for a rapid move from hereNote
fast upmove .hold for 900
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