Sbicardlong
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 now open his cards to reached life time high soon Sbin cards i follow last several years something is cooking inside the candle and chart pattern
what is key
1-First he follow fab. point
2- hold 2 down rising channel parallel way which is sign on reversal
3- there is flag on 2021 at the price of 1060 that will reached that price as early as possible
supply zone and resistance at the 820 and 840
FLY zone above 1000
ONLY for the long term holding position
Strong support at 650 and 620
SBI cards jackpot delivery trade taken from my last previous charts like ITI and Voltas which almost double and three times return in really quick time same I expect from the sbi cards charts
now price is 702
TRG 1 - 820
TRG 2 - 920
TRG 3- 1000
above 1000 that will reached to 1220/1420/1620/2000 trg for next 2 year
For shor term share holder SL 620 for long term and medium risk taker 500 is final SL
that all research and parameter those want to learn can contact me on my number [/
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 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.
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.
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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.
#sbicard support level NSE:SBICARD
📌 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, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
SBI CARDSThis stock is looking good to go long, please watch the analysis of sbi cards in this video to get all key levels along with stoploss and targets.
Disclaimer
i am not a sebi registered analyst
my studies are for educational purpose only
please consult your financial advisor before trading or investing