SBICARD
Sbi Cards Sbi Cards - Cmp 906
Can long at cmp for initial targets of 980/1135 with sl 960 on closing basis. Medium target 1200 plus.
Reason:
1. Bullish divergence in RSI
2. Favorable risk reward ratio as near to support area.
SBI Card Daily chartSBI card breakout of TL with good support from the previous breakout zone. Entry above 980 looks decent for a target up to the supply zone.
SBICARDNote:
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...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
► ADVANCE PATTERN #10: SBICARD ◄► ADVANCE PATTERN #10 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
▣ Key Highlights:
➨ Time frame 1 H
➨ Bullish Bat
➨ Support Trendline
➨ EMA 300 Resistance
➨ False Breakdown
➨ Unique Confluence
📌 Levels are:
Entry: ▲ 990
SL: ☢ 945
Target: ➚ 1111/1200
RR: ☈ 1:2.8
Do your own study before Trade!!!
SBI CARD | Bullish Divergence Spotted| Best Time to Buy- Stock made Bulllish Divergence on daily chart.
- Respecting its old Trendline
- Taking Support in weekly chart too
- Stock is still Trading above 200 MA
Those who missed the entry above hammer candle can take long above 980.
If it sustain '980' level, a good uptrend move can be seen in the upcoming weeks.
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SBI CARDS & PAYMENT Travelling in a Parallel Channel.
Took support at Trend line.
Simple Price Action analysis as I assume the bottom is made due to rejections for 4 weeks from falling further.
SBI CARDS AND PAYMENT | SWING TRADE | 24/3/2021SBICARD is at good levels might give a good move. All the reasons for the trade have been explained in the video.
--HAPPY TRADING
Daily weekly time frame breakout in SBI CARDDaily weekly time frame breakout in SBI CARD, I am expecting 14% return from current level in holding on long term only.
Right time to enter SBI CARDsSBI Cards has a very well settled trend line as indicated and it seems to be bouncing off it again. Perfect time to go long on it again.
Please like and follow.
NSE:SBICARD
SBI Cards - Daily - Wait n WatchSBI Cards - Daily
Do not jump in looking at the break out, wait for the confirmation, buy on dips
history repeats itself - clearly seen on charts - Exact same pattern on charts.
SBI CARD Trading SetupForming a bullish pattern with higher lows. Above resistance can be bought as it will confirm the uptrend.
SBICARD is a goldmine! Buy when it goes down, HOLD for 2021!Analysis:
RSI levels at ATH but the stock is still well below the expected price when launched
Volume Osc indicate an institution buying continuously
The stock will be on top nifty50 list in 2 years
Investment Strategy:
Stock will be one of the highest performers in the next 2 years - buy at the small dips
Strong fundamentals means it will keep rising, sell small quantities at ATH and buy back when it cools
Can allocate 20% to 30% of the portfolio for 2021-22
Never buy everything at one go. Average your price
SBI Cards - Ascending TriangleMy View:
The script will go down once and will take support at the lower trend line and whenever it will cross the upper level it will take support one time and later IT WILL ROCKET.
Buy Level: 867 (After support)
Target: 950
SL: 840
BuyLooks good for another 8-10 % upmove. 938-942 is the support zone . Holding 909 on daily closing basis is crucial.
Disc : it's not an investment advise to buy or sell
