Buy Sbi CardsBuy Sbi Cards above 1034 Stoploss 998 Target 1075-1095
Study : Stock is Moving in Triangle and consolidating before Breakout
SBICARD trade ideas
SBI CARD Trading SetupForming a bullish pattern with higher lows. Above resistance can be bought as it will confirm the uptrend.
DAILY SWING CALL // Wed 6th of January 2021 // NSE: SBICARDDAILY SWING CALL // Wednesday 6th of January 2021 // NSE: NSE:SBICARD
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 913.85
TARGET: 1050 (15% Around)
STOP LOSS: 820 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks
SBI Cards Intraday SetupLooking weak with negative divergence, also has been rejected thrice from current level. Look with other technical indicators for proper confirmation! Trade at your own risk.
Symmetrical Triangle pattern SBIC price movement has formed a symmetrical triangle pattern, which is more often construed as the continuation pattern. We have to watch out for breakout
SBI CARDS 30minsSell only when the support line breaks and sustains below
STOPLOSS - 1026
TARGET 1 - 980
TARGET 2 - 950
For Education purpose only, Trade with your own risk.
SBICARDS - Trendine ObservationsTrendline Observation(s). A simple trendline breakout on 30M Chart of SBICARDS. BUY strictly above 979 -> 986-87, 993-94. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
sbicard sbi card is on best place to buy if it croses 973 then it may touch 1000 level very soon..good for holdings. .... educational purpose only
SBICARD is a goldmine! Buy when it goes down, HOLD for 2021!Analysis:
RSI levels at ATH but the stock is still well below the expected price when launched
Volume Osc indicate an institution buying continuously
The stock will be on top nifty50 list in 2 years
Investment Strategy:
Stock will be one of the highest performers in the next 2 years - buy at the small dips
Strong fundamentals means it will keep rising, sell small quantities at ATH and buy back when it cools
Can allocate 20% to 30% of the portfolio for 2021-22
Never buy everything at one go. Average your price
Trend will continue, Bullish Pennant formedTrend Continuation Pattern
Before 20th January a breakout will happen in SBICARD which will tend the prices to boost higher.
-Mohit Rajani
SBICARDS - Trendline ObservationsTrendline Observation(s). A simple trendline breakdown on 15M Chart of SBICARDS. Keep an eye below 950. Highly likely it'll retest 940. SELL below 940 -> 920. Very Small support at 934. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
SBI card is good bet for long term investor This is the newly listed stock and has strong brand value keep holding till the 710 is not go on daily bases
SBI Cards - Ascending TriangleMy View:
The script will go down once and will take support at the lower trend line and whenever it will cross the upper level it will take support one time and later IT WILL ROCKET.
Buy Level: 867 (After support)
Target: 950
SL: 840
BuyLooks good for another 8-10 % upmove. 938-942 is the support zone . Holding 909 on daily closing basis is crucial.
Disc : it's not an investment advise to buy or sell
SBI CARDS - Get ready for Breakout!!! TGT 900+Stock is into the narrow range consolidation and ready for breakout. Any breakout on the upside leads to 900+ target. Fundamentally good company
