NSE:SBICARD is performing better and better when we checkout the results. The script is fundamentally sound and the card business is on track. Investors can add positions at current levels i.e Rs. 715. A strong upmove or rebound expected in near term.
Short Term: 775
Long Term: 900
QoQ Results were good
Script Available at lows
New Study For Paper Trade
Buy SBI Card Near 770-780 (add more at 755-765)
Target : 840-900-970
Currently Sbi card is consolidated in one range and also box Pattern applied when box Pattern Break then perfect entry caught.
You can Also buy futures and call option after trend reversal confirmation.
👉 Weekly Demand Zone
Only For Paper...
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ,...
Long in delivery for very good risk to reward. If falls and candle closes below upper red line , then it can crash till 629 and this will be very good price to buy for investment, but for now it has bounced from point c and target from here will be 1105
🔴Price Giving us an opportunity to buy at Demand zone.
🔴Let the price come to the demand zone... and make your long position on accumulation phase.
🔴Buy between 770 - 800
🔴Stop loss - Below 745
🔴Short term Target - 900
🔴Long term target 1000
🔴Note : Ignore buying
If the Demand zone 2