SBI Cards forming Ascending triangle.
Updated
SBI Cards currently bouncing from a trend-line. Taking support 4 times from the trendline.
Latest 3 supports on trend line were with high volume bars. This shows that trendline is acting as a strong support.
Stock currently available at supports, hence SL will be lower.
Place SL at 868 levels
Targets 1370/1575
Latest 3 supports on trend line were with high volume bars. This shows that trendline is acting as a strong support.
Stock currently available at supports, hence SL will be lower.
Place SL at 868 levels
Targets 1370/1575
Note
There's loss of momentum.One can exit completely.
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