SBICARD look for breakout After allocation from IPO stock is down almost 33% Averaged @505 Now looking for an breakoutLongby ProjectWealth0
Bullish Flag in SBICARDThis is my first view of SBICARD, If I am wrong kindly correct me. According to me SBICARD has formed a bullish flag on 15 minutes charts. Take positions on the long side and get ready for a bullish rally.Longby RitstaRUpdated 9
LONG - Educational Purpose OnlyThere is a triangle breakout and a flag formation which is a double confirmation bullish view. Please correct me if i'm wrong, Thanks.Longby Koteswararao_Mogali0
SBI card Short Wolf wave and bat pattern are active if you like my idea like this and follow for moreShortby Tradingpatten4
In-depth for SBI CARD.Short TERM Trading Idea SBI CARD, India's largest lender of credit card listed thier IPO in March, which turned out to be a nightmare for investor's. SBI even started rolling loans for SBI customers so that they can get the IPO at a loan which profits both consumer at LONGER term and gain bank the interest. There was a reason behind the fall of SBI card. Few of them which i feel is 1. Due to Corona Pandemic 2. Due to Moratorium on Loans, investors thought bruised everyone that what will bank do if credit card owners dont pay thier bills? 3. Some purposely took out to get the easy loan cashed by IPO for thier personal use 4. Some got out for frustration. Now why SBI CARD looks delicious for me, here it is why 1. SBIC will not go up unless big players put up thier money here. So BIG PLAYERS ACCUMULATION = PROFIT FOR RETAILER's 2. SBIC will perform tremendously once accumulation is done. The chart is in front of you, follow the charts. If you are a new buyer, please accumulate at levels of 500. If you have 1Lakh Capital, keep 10% of that at every levels Like 10% on 500 5% on 450 10% on 400 and so on. Target levels 1120 by UnknownUnicorn44195916611
SBI CARD ( Major Move under threshold )SBI cards under major consolidation Move hits lower at 500 Rs in last three days given good break out today and yesterday and now consolidation in the range. As per govt orders the partial lock down will start from 20th April 2020, starting all E commerce Companies which are majorly run on the credit card payments Mean Customer can purchase on line orders from different E commerce Companies involving buying of different products and segments through digital payments as major payment interface Credit Card being a Major role player in the Digital payments and EMI Transactions SBI card is the one or biggest player having majorly shareholding in the credit card segment, also only listed company in the stock market Stocks Hits the lower on Monday 13th April and now rising above and planning to create higher tops and Higher Bottoms. If the same patterns goes on the and does not break down at levels below Rs 500 the stock can hit Rs 600 easily in coming week . Also This Stock is an Accumulation Stock at lower levels can yield greater returns in the long run . Stock is under running down ward channel ADX is at 21 is ADX increases greater than 30 can expect a big long run Break Out Point at 570-580 levels to break the downward channel Educationby Ashhish-ChhabraUpdated 331
SBI for LT Investment and Short term trading first lot of investment done Trade initiated with slLongby nsraman0
SBICARD buy on breakoutTrading below IPO price and can be bought when it break trend line towards upside.Longby ProjectWealthUpdated 1
Descending Triangle in SBI CardsDescending Triangle formed in SBI card. Target 1 2 & 3 shared along with Resistance as stop lossby Sharath007Updated 112
SBI CARDS at make or break zone - Keep in your watchlistSBI CARDS at make or break zone - Keep in your watchlist by k314Updated 1110
SBI CARD - AT SUPPORTStock has been the holding the support created on 24 march 2020 Currently trading near trend line resistance , any break above it, may take stock to 640 -660 levels. RSI - Bullish Divergence is followed by RSI Resistance at 60 levels + Negative Reversals. Longby manuagarwal215
Trend Breakout happened !!hi friends, I have noticed a breakout. I think it's right time to buy this stock (my opinion) as the company is fundamentally strong. Give a like if you like it.Longby VuppalaVinayKumar2
sbicard short trade from current market price for target of SBI CARD HAS taken its retracement from 61.8% and will give target till 161.8% in lower side in short selling till 512.90.Shortby dhavalmalvania441
SBI CARD - PRICE ACTIONSBI CARD - UPDATED LEVELS Observations- Created a range of approx 100 points , consolidated within it and break the range to the downside. Then created a new range of approx 118 points and started consolidating in it, now what do you think does it break the range to downside again ?? if yes then what would be the new range ?Educationby manuagarwal21112
SBI Cards Trend Analysis & trade Setup !!Trend Analysis & Trade Setup !! Follow Chart Instruction. Educational Purpose. Risk Reward: 4-6 times. Shortby MohitAroraUpdated 226