SBI Cards good to buySBI Cards good to accumulate at current price for mid term, stock is forming inv H&S
SBICARD trade ideas
bullish pattern ONE OF THE RIGHT FUNDAMENTAL STOCKS SBICARD , STOCK APPROACH UP SIDE SHOULD BE ADD ON YOU PORTFOLIO STOCK CAN BE GO 780 TO 800
SBI CARDSOnce the mentioned zone is crossed it can be brought with small SL for long term.
Targets are the yellow lines
Educational base analysis on "SBI cards"Upside view.
Trend active after 630.
Sl-607
Target-1 650
Target2-680
SBI Card & PAYTheir is a strong support at 597, if it fails and it would go up to 582. additionally, need to consider overall market conditions for pull back. keeping all in constant, it can give up to 10% rally after pull back.
SBICard: Double Bottom Neckline break and formed support near itDouble bottom neckline breakout suggest buying opportunity in SBICARD.
Support near neckline and consolidation gives more conviction for buying.
SBI Cards - Short Term bearishWith Card payments allowed to be postponed plus joblessness increasing. SBI Cards could take a short term hit. Below the marked price it could go down to 425 quickly. I Wouldn't look to buy it before that at all.
As we can't short this stock all we can do is wait for it to fall and not buy it just coz it falls a little bit more. Be patient in this company before entering. A lot of retail investors owns it and might be tempted to average but not yet.
Is SBI Cards Follow This pattern?in 30m time frame , we can clearly see that head shoulder pattern and Neckline breakout. It tested neckline one time and accumalating in one range. according to my analysis SBI card will fall very soon.
SBICARD now in channel: Target 570NSE:SBICARD
SBICARD is now in channel, you can see by changing TF (Time Frame) to 5, 15, 30.
So Target looks to me is 570. :)
SBICARD head and shoulder I wish this patter is wrong and stock will not break the neckline because this is the stock I have invested for long term
But lets see how it will behave at the support
SBI Cards - Short term viewI know you can't short this stock and i wish there was a borrowing mechanism where we could do that, but SBI Cards below 540 could retest its recent lows and even likely make a new low.
So if you've recently got the stock and don't want to get caught in the downtrend keep a SL of max max 535.
SBI Cards Supply Demand Zone !!TREND ANALYSIS & TRADE SETUP
Wave Analysis & Chart Pattern .
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
SBI Card results tradeAs per all the news results are bad but I when we go deep into the results results are great
