Simple analysis:-
1. RSI above 60
2. Volumes more than 20 day Moving average
3. Fib extension 1.618 indicates a near term target of around 776
4. Continuous up trend since May and June as can be seen in higher tops and higher bottoms / upward sloping trendline
News today :- Results are good for the quarter ending June 2020
Follow, like, share and comment if you like my posts
Looks BULLISH
SBICARD
1. RSI above 60
2. Volumes more than 20 day Moving average
3. Fib extension 1.618 indicates a near term target of around 776
4. Continuous up trend since May and June as can be seen in higher tops and higher bottoms / upward sloping trendline
News today :- Results are good for the quarter ending June 2020
Follow, like, share and comment if you like my posts
Looks BULLISH
SBICARD
Trade closed: target reached:
Target acheived. Went up to 800. Can still go higher. Trail your SL
Comment:
People who trailed are already ahead of the targets. Next possible target Rs.900.