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.
Sbicards
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 card to take long entryLong @ 954 TGT 1032 SL 924. Stock taken well supoort and ready to move upward . trading above 20 MA also the sign of strength in the stock. This is for your educational purpose only.
Buy Sbi CardsBuy Sbi Cards above 1034 Stoploss 998 Target 1075-1095
Study : Stock is Moving in Triangle and consolidating before Breakout
SBI Cards - Loosing StrenghtSBI cards loosing momentum and formed a rectangular box pattern. Breaching 790-770 can take the stock to 721,686+
Journey of SBI Cards, "(Breakout + Consolidation) Format"(Breakout+ Consolidation) became a general trend for NSE:SBICARD . In recent terms, the stock has consolidated a lot and has formed a parallel channel taking support at (800) and resistance at (870) . So breakout is possible
Support- 800
Resistance - 870
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk & will.
SBICARDSIm not an expert im just sharing my views on SBICARDS for tomorrow
Im not responsible for any profit or loss this is not a recommendation
SBI Cards --- SWING PICKWatch for the breakout. Currently its swing between these levels. Can expect a bullish movement on the break out.
SBI CARDS - Please validate Head and Shoulder patternGreetings ! Please validate Head and Shoulder pattern.
SBICARDSIm not an expert im just sharing my views on SBICARDS for tomorrow
Im not responsible for any profit or loss this is not a recommendation
SBICARD (Rectangle Channel Breakout) Consolidating in SR ZoneSBI Card ( NSE:SBICARD ) is continuously Consolidating in SR Zone. This can become a very good trade for intraday traders.
Chart Published By Ravinder Sharma
SBICARDSIm not an expert im just sharing my views on SbiCards for tomorrow
Im not responsible for any profit or loss this is not a recommendation
SBI CARD Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Buy SBI Cards and Payment Services Ltd above 749.50SBI Cards and Payment Services Ltd has retraced to support levels of 730. It can be bought above 749.5 for targets of 790 & 820+ levels.
Maintain Sl below 720. Aggressive traders can consider buying at current levels of 733.
SBI CARDS Trade Setup This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Short to Medium Term Investment SBI Cards and Payment ServicesSBI Cards was in downtrend since IPO listing and now again the movement is strong and stock is in uptrend and expected the movement towards 954 levels.
Please note the chart updated here is for Educational Purpose only
SBI Cards | BUYStock responded positively to the support of 20-day moving average. Around ₹756, the moving average coincide with the rising trend line increasing the strength of the support. Moreover, the trend is bullish. Hence, one can go long at current price levels and going ahead, the stock can be expected to register fresh all-time highs.
SBICARD bounce back from entry level given earlier.Refer my earlier trade idea for buying in the range of 712~722,those who have purchased it can wait until target come or can book partial profit.
NSE:SBICARD
