SBICARD HAS GIVEN A GOOD HEALTHY CORRECTION. NOW, THE SCRIPT HAS FORMED A BASIC HARMONIC PATTERN THAT IS ABCD PATTERN TYPE BULLISH. THIS CAN GET US THE TARGET-1 AND TARGET-2 A MENTIONED IN THE CHART. KEEP A STRICT SL OF POINT D.
Kindly note that I am not a SEBI registered analyst. Perform your own analysis before taking any trade.
Trade active
Crossed 800, heading towards 1st target. Stay invested.
Note
It has given an insignificant spike to below D point. I am still bullish on this counter.
Trade closed manually
It touched 810 and now stoploss hit. I will share new Idea about this stock once the volatility settles.
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