vipulmehta817

SBICARD at Confluence of Multiple Supports

Long
NSE:SBICARD   SBI CARDS & PAYMEN
SBICARD is exhibiting reversal at multiple supports:
1. Trendline support from previous lows
2. 1.618 Fibonacci support
3. 200DMA support
Further, RSI also touched 30 level and reversed.

We are bullish on this stock, expecting the price to reverse to ATH of 1139.
Trade closed: target reached

Comments