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vipulmehta817

SBICARD at Confluence of Multiple Supports

Long
SBI CARDS & PAYMEN (NSE:SBICARD)  
vipulmehta817 Updated   
NSE:SBICARD   SBI CARDS & PAYMEN
Trend Analysis Chart Patterns Technical Indicators trendlinesuport fibonaccisupportlevels 1618 Fibonacci Extension 1618 200ma 200dma SBICARD sbicardlong
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trendanalysis chartpattern indicator trendlinesuport fibonaccisupportlevels 1618fibonacciextension 1618 200ma 200dma sbicard sbicardlong
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
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