SBI Card Ready For Fire Move🔥SBI Card Correction Range Breakout 🚀
SBI Card CMP - 780 to 785
Stop Loss - 758
Target - 812, 860, 900
This is not an recommendation, this is only for learning purpose
SBICARD
SBI Cards & Payments Services: 50% upmove possible➡️Trading near major trading area
➡️Highest ever sales & EPS (TTM)
➡️I expect the increased risk weights on loans will filter riskier customers and reduce NPA
➡️near the Lowest ever PE since listing
➡️will add 50% near 700
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.
GoV sector stock ready for launch 1:10Buy SBI Card Between 750-760
SL 710 (50Rs)
Target 1: 835
Target 2: 875
Target 3: 915
Target 4: 995
Target 5: 1160
Duration 6moths to 1 Year
Closed above 50 SMA with volume, possible reversal .
Trade as per you risk rewards.
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 looks good check it out Sbi card is in triangle pattern currently forming a base seems like the selling is being absorbed now the stock should start moving upwards in 1-2 years
SBICARD swing trade (29-11-2023)Banks fell badly (especially SBIN & SBI Card) after the new RBI card rules, which was a drastic reaction.
NSE:SBICARD is currently in the accumulation phase after creating strong support at 730. Once the level is broken i.e. 750, I expect a big up move.
SBI Card buying strategyNot so perfect but ABCD pattern is finished and now it is a buying opportunity above 796 with targets of 806.50, 815, 823, 849.50
Stop loss will be below 786 and once the T2 is reached it will be shifted to entry to safeguard the capital.
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 CARDHello Everyone
This is an chart of SBI CARD. A simple swing which has a good risk to reward ratio.
[1H] SBICARD SBI Cards & Paymen1. Support and Resistance zones correctly plotted in the chart
2. These are called Price Pivot Zones
3. Confirmation Candle such as Bullish Engulfing Candle formed at PPZ level.
4. Take profit and stop loss level correctly placed in the chart.
5. Pure price action.
swing trading idea SBICARD longoverall trend is up so my view is bullish, entry and exit price will be like this: buy above 875.05 tgt 933 sl 834
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
Will #SBI Card hold it's BO?Stock has given BO with strong volume spike forming round bottom pattern, follow chart for proper support and resistance levels.
#Nifty #USDINR DoubleBottom needs to breakout?SBI Cards is forming a double bottom . But requires breakout
The could take it to the swing top
SBI Card to take long entry.Long SBI card above 780 after the BO of marked resistance line. The stock has traded at the area of value. Strong support has been taken by the stock. The bullish engulfing candle is also seen at the support level on the weekly chart. A higher probability that stock will bounce from this area for the next target of 850-900-915 with SL between 680-690. This is for your educational purpose only.
Is SBI Card ready for the next strong upside ??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.
Targets:
Short Term: 775
Long Term: 900
QoQ Results were good
Script Available at lows
Growth and expansion in this business is huge
The idea shared is only for Educational Purpose.
SBI Card On Weekly Demand Zone New Study For Paper Trade
Buy SBI Card Near 770-780 (add more at 755-765)
StopLoss :740
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.
Study Logic
👉 Weekly Demand Zone
Only For Paper Trade And Education Purpose
Don't Real Trade
I am not sebi Registered Here Post is only for Education purpose i am not responsible for any profit and loss.
A good reversal move - SBICARDSThis is not investment advise/recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
