SBI cards under major consolidation Move hits lower at 500 Rs in last three days given good break out today and yesterday and now consolidation in the range.
As per govt orders the partial lock down will start from 20th April 2020, starting all E commerce Companies which are majorly run on the credit card payments
Mean Customer can purchase on line orders from different E commerce Companies involving buying of different products and segments through digital payments as major payment interface
Credit Card being a Major role player in the Digital payments and EMI Transactions
SBI card is the one or biggest player having majorly shareholding in the credit card segment, also only listed company in the stock market
Stocks Hits the lower on Monday 13th April and now rising above and planning to create higher tops and Higher Bottoms.
If the same patterns goes on the and does not break down at levels below Rs 500 the stock can hit Rs 600 easily in coming week .
Also This Stock is an Accumulation Stock at lower levels can yield greater returns in the long run .
Stock is under running down ward channel
ADX is at 21 is ADX increases greater than 30 can expect a big long run
Break Out Point at 570-580 levels to break the downward channel
As per govt orders the partial lock down will start from 20th April 2020, starting all E commerce Companies which are majorly run on the credit card payments
Mean Customer can purchase on line orders from different E commerce Companies involving buying of different products and segments through digital payments as major payment interface
Credit Card being a Major role player in the Digital payments and EMI Transactions
SBI card is the one or biggest player having majorly shareholding in the credit card segment, also only listed company in the stock market
Stocks Hits the lower on Monday 13th April and now rising above and planning to create higher tops and Higher Bottoms.
If the same patterns goes on the and does not break down at levels below Rs 500 the stock can hit Rs 600 easily in coming week .
Also This Stock is an Accumulation Stock at lower levels can yield greater returns in the long run .
Stock is under running down ward channel
ADX is at 21 is ADX increases greater than 30 can expect a big long run
Break Out Point at 570-580 levels to break the downward channel
IF YOU LIKE THE IDEA PLS PROVIDE LIKES FOR THE SAME AND ALSO PROVIDE ANY SUGGESTION IF YOU HAVE SOME DISCOMFORT ABOUT THE IDEA