SBI CARD#SBICARD
stock holds abv the resistance
looking good for buying
weak below 690
upside targets 715-730
Sbicardview
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 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 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.
