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skandha1986

SBICARD – Inverted HnS pattern breakout

Long
SBI CARDS & PAYMEN (NSE:SBICARD)  
skandha1986  
NSE:SBICARD   SBI CARDS & PAYMEN
Chart Patterns Trend Analysis Technical Indicators
6
0
chartpattern trendanalysis indicator
SBICARD has formed Inverted HnS pattern around 760 levels.
Stock has been in downtrend since Mar’21 (3 years now) and has also formed triangle pattern (last leg done now).
If price sustains above 765 levels for 2 days then looks good for long.
Target: 930+, 1000+, 1160+, ATH.
SL: Daily candle close below 750.
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