SBI CARD#SBICARD
stock holds abv the resistance
looking good for buying
weak below 690
upside targets 715-730
Sbicardanalysis
SBICARDS#SBICARD (1 Hour Time Frame)
SBICARD is currently at a
major support level and forming an inverse head
and shoulders pattern,
suggesting a potential bullish setup above 703.15.
Please note,
follow strict SL
SBICARD: Preparing for a breakoutSBICARD: LONG TERM INVESTMENT IDEA: Stock listed during corona-crisis and bottomed out in May-2020. After that stock gave a decent return in next one year and made a high of 1165 in Sep'21 when Nifty peaked. From there stock corrected lower and again reached to the listing price range and started showing some early signs of reversal. The current prices action suggests that stock is looking good for new all time high. Buy and hold for long term perspective keeping SL of 600 (Clbs).
SBICARD Looks good...SBICARD looks good for reversal in weekly chart.
Can Accumulate between 700-750 zone. Might reach channel upper line in coming years. Targets are given.
Stoploss for longtermInvestors is given.
Note : No idea about fundamentals. View is completely based on technical view of chart.
SBI CARDS - Not Bullish Yet | Neglected Stock!Price Analysis & Overview:
1. Price are yet to form HH-HL formations.
2. Trading below 50 EMA.
3. Volumes are dry. It seems like no one is still interested in the stock!
4. Touched the demand multiple times - increasing the chances to break the zone and go further lower.
5. Forming Double bottom.
6. Earnings are strong - That's the only good thing in the stock currently.
Trading Plan:
- JUST OBSERVE.
- Let it prove the buying strength!
Monthly TF View:
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
SBI CARD - Support levels will save bulls & Time for Reversal ?SYMBOL - SBICARD
SBI Card & Payment Services has been in downtrend since a long time.
It is now trading at major supports levels once again.
A long position can be made at current levels for trading/investment purpose around 700-710 as risk : reward is very good at CMP.
SL can be 680.
Targets for trading purpose can be - 745 & 765.
For Investment, Targets can be - 770 - 840 & 920.
For investment purpose, I will not be surprised if it gets 2x or more from here in next 2 years.
Disclaimer - I have made long position in futures & I'm sharing my position & my analysis. This is not a buy/sell recommendation.
SBI CARD BULLISH
SBI CARD is now available to us at very low price.
It broke a major support line and broke out failure.
A channel pattern is farmed as it descends.
This is a very strong demand zone where institutional players and big players are likely to enter.
If a daily candle closes above 710 we can look bullish from here.
First target@770
Second target@880
Stop loss@678
So please keep SBI CARDS in your watchlist for long term investment.
If yoy like my view, do support it with a boost whitch is valuable inspiration for me to post ideas like this in future. thank you friends!
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
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 .
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.
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.
Small Rounding Bottom More UpsideHii all...
Greetings!
Today sharing with you SBICARDS daily basis charts, a small rounding bottom pattern can been seen around 822 to 865 levels, pattern shows a bullish view from current levels.
Thanking You
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.
Keep Learning,
Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
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.
SBI Card: A good portfolio betSBI Cards is trading at 49PE. A good portfolio bet for 1300+ TGTs in a yearly time frame.
SBICARD- Swing Trade#SBICARD
Buy-Above 750
Sl-700
T-825 890 1100+
A double bottom formed in daily TF.
