swing trading idea SBICARD longoverall trend is up so my view is bullish, entry and exit price will be like this: buy above 875.05 tgt 933 sl 834
SBICARD trade ideas
Downtrend Wedge Pattern Breakout in SBICARDSSBI CARDS & PAYMENTS
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Downtrend wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 885+.
✅Can Go Long in this stock by placing a stop loss below 832-.
SBI Cards Promising credit card business(SBI CARDS for long term investment) one can
average or add few chunks in 800 levels
or the average RSI near 43, Next chunk
can be invested in the yellow support.
(Currently taken support in pivots Fibonacci - P )
Posted highest profits ever.
Credit card penetration high.
Highest ever credit card spending's.
SBICARD SWING TRADE11-07-2023
Good candle @ Bottom
Fib level 50% retrace
Can be bought After Crossing - 851
SL - 818
Be Ready for another retracement in SBICARDSName of the Stock - SBICARDS
Time Frame - Hourly
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Name of the Pattern - G2 Bearish Shark Harmonic Pattern
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PRZ 1 - 847.85, PRZ 2 - NA , PRZ 3 - 847.30
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Stoploss - 850.15
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Additional Signal - Trendline acting as Resistance is near PRZ Zone
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Note : Previously I have Posted Harmonic Analysis on Higher Time Frame including Daily, Weekly and Monthly. Some user asked me, try to post Harmonic Analysis on Smaller Time Frame. So I am posting this first analysis on smaller Time Frame.
Bullish on SBICARDRange shift on weekly timeframe.
Also, at previous resistance level, which looks like acting as support.
Buy above 866, SL 840
Note: Please maintain good Risk to Reward, as per your risk appetite.
SBICARD - Looking good for Long Sbicard Looking good for long.
After a good downtrend finally now a sign of trend reversal on Daily Time frame by forming Doji on bottom.
Above VWAP
Above 20 EMa
Supertrend also Bullish now
Weak Below 832 on Closing Basis
Upside Targets - 880-900-920
For Educational Purpose Only
SBICARD - ExpectationI am expecting this stock travel in the parallel channel. Just sharing my expectation
SBI Cards long at Support trendlineSBI Cards is bouncing from it's multiyear support trendline, also a small triangle formation in making. Possbile long trade here
SBICARDS TARGET 1028SBICARDS downward channel breakout point with day bullish with good volume. If it sustains above 917 in the day chart it will reach the target of 1028
VIEW ON SBI CARDGood chart
Stock trading above its yesterday's high
Target 925/947/960
Stop loss 900
I am just representing my views
For educational purpose only.
RANGE breakout conditions. 1. Stock trading in narrow range from few days.
2. Clear ichimoku on daily time frame.
3. Candle and volume indicating breakout conditions.
4. Good entry above 902
5. Potential to reach 910; 940 ; 970 levels.
Please make your analysis or consult your financial advisor before entering trades. This view shared for educational purposes only.
SBICARD being ready to fire#SBICARD (M):
- Double bottom reversal pattern
- Current Half month volume is equal to last 3 months volume (Volume arise)
- Good result declared
- Probability of W pattern which create target of 1150-1175
- Follow the Lower TL as a SL.
- Good R:R
Will #SBI Card hold it's BO?Stock has given BO with strong volume spike forming round bottom pattern, follow chart for proper support and resistance levels.
SBICARDNSE:SBICARD
Date : 15/04/2023
Chart Pattern : Symetrical Triangle Breakout.
Time Frame : Daily Chart
CMP : 761
Targets : 837 (3 Months)
Stop Loss Level : Closing Below 733
Disclaimer.
I am not sebi registered analyst.
Charts and levels are posted for Educational Purpose only it's not Recommendation.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
SBI CARD TRADING IDEASbi cards is looking that it can give a must awaited breakout above resistance so we can go long in this if it will give a day close above resistance of 771 for the target of 790 and 800 with the stop loss of 760 below on daily candle close.
SBI CARDS AND PAYMENT BREAKOUTTTTTBREAKOUT buy above high of breakout candle with minimum 1:2 take profit
SBI CARDS daily time frame SBI CARDS breakout
Good to keep in watchlist
Good to go for long only if sustain this level
sbi cardssymentric breakout and retested its time to entry
its just back testing only for educational
disclimer
just chat ananlysis
dont buy just keep watching the chart
#Nifty #USDINR DoubleBottom needs to breakout?SBI Cards is forming a double bottom . But requires breakout
The could take it to the swing top
