Observation only- NOT FINANCIAL ADVICE - Simple funda - Best exposure to pure credit card growth in India, through a subsidiary of India's largest bank. A quasi state owned credit card company. Breakout above previous support (and now resistance) in price along with a close above 325 day SMA will make it a buy - all levels given on charts
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.
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...
In SBI CARDS, 650-700 is a huge demand zone in weekly timeframe. This is the level of value buying for big institutions. SBI CARDS will change it's weekly structure above 800 which can be considered as a safe entry point for conservative investors. For aggressive buying, we need to look for structure change in a shorter timeframe, may be hourly. Targets for mid to...
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...
breakout from resistance level trading below 200 moving average relative strength line below zero line which are not good symbol can take a trade with stop loss of 670 which is 8% loss
SBI 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 .
➡️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
Support 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.
1. SBI Card has formed Cup and Handle Pattern. 2. I am expecting a breakout again after a RETEST. 3. SL, Entry and Target to be posted afterwards. Disclaimer: The views expressed in this article is of my own and you're solely responsible for any decision taken in the markets resulting in financial gains or losses. The analysis I've shared is just for...
Got these shares in the IPO; added some more at Rs 515 Now the share has retested it's weekly support (which was pending). I am expecting a great journey on the long side (of course it'll take time). New entry not suggested; "Hold" for the person already have this. I promised myself that I won't exit this stock until and unless my money is...
Hii 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...
SBI Cards is bouncing from it's multiyear support trendline, also a small triangle formation in making. Possbile long trade here
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...
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...
Buy SBI Card At Cmp 838.35 SL - 822 ( Day Closing Basis ) Target - 870/885
SBICARDS crossed 50SMA & 20SMA with a wedge pattern breakout on Hourly timeframe Enter long trade above 804 SL- 795 T- 816
sbicard perfect dragon pattern for long term techically analysis only currently formed diamond pattern or side ways