SBI CardPlaced at good suppot of 200 DMA and Daily Trendline support Good entry about 990-1005 TGT-1100 SL-964by Mohit_Unadkat2
#sbicards Bullish butterfly harmonic patternBullish butterfly harmonic pattern Prz1 952.58 Prz2 974.42 Prz3 972.02Longby vicky_thakare112
sbicard short ideaShort below 1072 and long for investment at 1013 but candle must be closed below 1072 first good luckShortby UnknownUnicorn22711483Updated 0
SBI CARD following channel pattern.SBI CARD following channel pattern, approaching bottom of the channel. long position for swing trade. entry at- 1000 stoploss- 990 target1- 1060 target2- 1140Longby amolpophale992
SBI CARD good to buySBI card good breackout retest point good upside move upto 15% retunr in few days Longby Rohit45Updated 1
Buy Sbi card for positional swing tradeBuy Sbi card for positional / swing trade by prajapati9951Longby prajapati99514
SBICARDS BULLISH CHANNEL PATTERNExpecting SBICARDS to breakout the 1150 Resistance this time excepecting the target of 1400Longby Bharath63900
SBICARD IS IN TIGHT CONSILADATION (ANALYSIS OF SBICARD)A breakout from a consolidation pattern signals a victory by either buyers or sellers over the other. Standard breakout trading techniques include buying long and covering short when prices break through the resistance level, or selling short and covering long when prices drop below support. More conservative traders look for some confirmation before entering these trades, either through analytical tools or continued price action. Consolidation Strategies It is common for a support level to become the new resistance point after a bearish breakout and for a resistance level to form support after a bullish breakout. Sometimes consolidations show triangle or pennant patterns, making it possible to execute continuation strategies. Before determining how to trade a consolidation, identify how long the pattern has held. There are no appreciable time restraints on a consolidation. Intraday consolidation can last for only a few minutes or hours. If you look for active intraday trading, consult technical analysis software for dynamic information updates. Some consolidation patterns last for days, weeks, or even months or years. These patterns are susceptible to false breakouts, making it important to seek confirmation of prices before looking to capitalize on a trend. Countertraders and contrarians can still trade on narrowly consolidated stocks, but there is often less room for profit due to the small range.by capitalsmack_001
SBICARD - Reversal BetLooks a Good reversal bet. Buy if it is able to hold 1050 level for target 1140-1165 Trade invalid if it breaks and closes below 1050. Disclaimer - Chart posted only for learning purpose. Please do your own analysis before initiating any trade.Longby nvihang0
Sbi Cards near breakoutIt is time to keep a close eye on SBI CARDS as it has tested the same resistance zone 3 times and is showing strength. There is a high probability of breaking the resistance and giving a breakout and turning it to a strong support in the medium term.Longby ausekarsid0
DON'T MISS THIS EASY MONEYMAKING SETUP.#SBICARDS stock in consolidation from around 900 to 1165 since past 6 months.#AscendingTriangle in making looks ready to poised for next move.Looking for a target of 1272-1488-1704-1837. cmp 1108 support at 900 zone. Fiis holding increased in the past 2 quarters.Longby ansul1992112
SBICARD at Confluence of Multiple SupportsSBICARD is exhibiting reversal at multiple supports: 1. Trendline support from previous lows 2. 1.618 Fibonacci support 3. 200DMA support Further, RSI also touched 30 level and reversed. We are bullish on this stock, expecting the price to reverse to ATH of 1139. Longby vipulmehta817Updated 4
SBI Card - Channel FormationTechnically and Fundamentally Strong counter good going in channel formation " As per technical signals Buy at cmp 1050 Add till 1000 Sl 920 Tgt 1100 1150 1250++Longby Mahesh_WalseUpdated 0
Levels for - 06 Sep 2021EXPLANATION : This is a 15 Min time frame chart of SBICARD . The stock has been consolidating exact Demand zone , We buy at bottom and sell at the top , It has formed a Resistance become Support .by pranav_nanavare0
SBI Cards PaymentTesting Resistance Line multiple times. Double rounding bottom pattern formation. Might give huge move if sustains above resistance levelsLongby OneTrade_Team0
SBI Cards and Payment Services LtdSBI Cards and Payment Services Ltd at resistance level of 1140 for the third time. If this level broken it will fly..Longby Swing_Trading_Chart115
SBICARD Last Minute Buying, Something big is on the way. There is a huge last minute buying happened in SBICARD, Some big moves are on the way. Hope you have already added it. My position is 981Longby RetailSwingTraders223
SBICARD | Gap filling opportunity - Potentially 12%SBICARD | Gap filling opportunity - Potentially 12% CMP : 1016 SL : 985 Target : 1130 1:2+ risk reward setupLongby srikartiramUpdated 2210
SBI Card Ready for BO 1.Waiting for BO 2.Volume needs to be confromed 3.Weak below 990 4.First target 1300Longby GRamu3
The reason behind Fibonacci retracement in stock marketsWhat is the reason behind Fibonacci retracement in stock markets? As a traders we all know Fibonacci that the Fibonacci ratios, i.e. 61.8%, 38.2%, and 23.6%, finds its application in stock charts. Fibonacci analysis can be applied when there is a noticeable up-move or down-move in prices. Whenever the stock moves either upwards or downwards sharply, it usually tends to retrace back before its next move. The reasons that I come across why this uncertain market follows the Fibonacci retracement . The stock market only involves demand and supply, but how this golden ratio-number can govern the price movements, like most of us don’t have the mathematical knowledge. But psychology we all think in a similar way . The two reasons that I come around are: -Stocks do NOT "follow Fibonacci retracement." Stocks move around randomly, together with some bias due to overall unpredictable market conditions. Sometimes these random movements correspond to a recognizable pattern on accident, and when they do people notice and say "look at that, a pattern!" Then they give these patterns fancy names like "Fibonacci retracement," and start looking for them in other places, which they will certainly find if they look hard enough. Sadly, any attempt to use these patterns in advance to predict future price movements fail. Sometimes they match on accident, and just as often they don't. If these patterns worked, then they would quickly be used until they stop working. E.g. If the pattern actually, correctly, showed that the stock price will go up next week, then a whole bunch of people will start buying it THIS week, causing it to go up sooner, and ultimately erasing the pattern. -There are two schools of thought - one that believes in technical analysis, and one that doesn’t. from the view of the latter With many people believing in the significance of the stock price reaching or crossing certain levels - be it fibonacci levels, support lines, crosses of death, or whichever, those people react by buying or selling, thereby creating a self-fullfilling prophecy. If you want to make money in the market, you need to be aware of these reactions, and act accordingly - sometimes even supporting the supposed beliefs. Personally, I think it’s like astrology - great if it helps you, but there is nothing behind it. Again, look forward to the other side explaining you why it’s real, and make up your own mind. Thanks for reading it. Please share your thoughts on things.. Educationby Trader3301445
SBI CARDSBI card looks really bullish with triangle breakout. one can buy for a short term target of 1140 in a month maxLongby BUY_TODAY_TamilUpdated 0
SBI Cards : Triangle Pattern and Double BottomSBI card looks really bullish with double bottom and triangle breakout. one can buy for a short term target of 1140 in a month max.Longby WealthpediaUpdated 113