Alhad

Breakout Expected

Long
NSE:SBICARD   SBI CARDS & PAYMEN
SBI Cards, a 9 momth old stock in market, made a new high in August (18 Aug) and then given close below 800 on only 7 days till today. So 798-800 has become very much strong support.
The stock is seemed in a channel, now attempting to break it. As n When daily close is above 855-860, stock may give good upside. First target 920, eventually leading to 1000-1020.
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