Just A View - SBICARD📊 Script: SBICARD
📊 Sector: Finance
📊 Industry: Finance & Investments
Key highlights: 💡⚡
📈 Script is trading near it's support level.
📈 We may see some good rally into this stock.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 730
🟢 Target 🎯🏆 - 778
⚠️ Stoploss ☠️🚫 - 712
⚠️ Important: Always maintain your Risk & Reward Ratio.
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SBICARD
Bullish on Sbi Card Any one who wants to invest in credit card companies can go with sbi card as you see in chart that this share has starts fall from jun 2023 and now almost in ends .
this is trading bet as well as long term for 1 year . . .
this share forms a pattern of falling wedge so accurate
Discalimer:- i am not sebi registered all loss as well as profit both is solely yours . i am not responsbile for any kind of loss or profit solely you are respobile for that .
SBI CARDS - Swing Trade - 28th January #stocksSBI CARDS (1W TF) - Swing Trade Analysis given on 28th Jan, 2024
Pattern: FALLING WEDGE
- Volume Spike at Resistance - Done ✓
- Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #SBICARDS
SBI card trading close to a support zoneSBI Card is trading very close to a support zone on weekly charts. What do you think? We will see a reversal from here or a breakdown?
Note : For educational and informational purpose only. We do not provide any buy or sell recommendations as we are not a SEBI registered Research Analyst .
SBICARDSBI Cards and Payment Services Private Limited is an India-based company engaged on marketing and distribution of credit cards.
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
SBICARD on Long Term Support Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Symmetric Triangle
📌 Symbol/Asset: SBICARD
🔍 Description: Stock is around its strong support.
Huge upside is possible if prices gives breakout.
We can easily see 60-80% upside from hereon.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
SBI CardSupport trendline breakdown in SBI Card on weekly chart. But this looks like a fake breakdown. Confirmation will come around 890.
Disclaimer: Not SEBI registered. Showing analysis for educational purpose only. Consult a SEBI registered research analyst before taking any buy or sell decision.
SBICARD, 1D forms Bullish MarubozuNSE:SBICARD SBI Cards & Payment Services Limited, previously known as SBI Cards & Payment Services Private Limited, is a credit card company and payment provider in India. SBI Card launched in May 1998 by State Bank of India and GE Capital. In December 2017, State Bank of India and The Carlyle Group acquired stake in the company.
SBICARD gave BO of Bullish Marubozu on 1D TF
Entry : 851
Target : 890
SL : 813
RR : 1
SBICARD - Bullish Swing ReversalNSE: SUVEN is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
SBICARD | Swing Trade📊 Details
SBI Cards and Payment Services Limited is a non-deposit accepting systemically important nonbanking financial company registered with the RBI. The Company is engaged in issuing credit cards to consumers in India. It is headquartered in Gurgaon, Haryana. It is a subsidiary of India’s largest commercial bank, the State Bank of India.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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SBI Cards Promising credit card business(SBI CARDS for long term investment) one can
average or add few chunks in 800 levels
or the average RSI near 43, Next chunk
can be invested in the yellow support.
(Currently taken support in pivots Fibonacci - P )
Posted highest profits ever.
Credit card penetration high.
Highest ever credit card spending's.
SBICARD - Looking good for Long Sbicard Looking good for long.
After a good downtrend finally now a sign of trend reversal on Daily Time frame by forming Doji on bottom.
Above VWAP
Above 20 EMa
Supertrend also Bullish now
Weak Below 832 on Closing Basis
Upside Targets - 880-900-920
For Educational Purpose Only