Breakout of falling wedge with nice volume. Can plan a long position with strict SL. This is for educational purposes only, trade at your own risk.
Any one who wants to invest in credit card companies can go with sbi card as you see in chart that this share has starts fall from jun 2023 and now almost in ends . this is trading bet as well as long term for 1 year . . . this share forms a pattern of falling wedge so accurate Discalimer:- i am not sebi registered all loss as well as profit both is solely...
There is new entry forming in sbi card as it is taking support from vwap
SBI cards caught up in a pattern from very long. grab the chance and make instant profits for around 830.
1. Triangle Breakout 2. Double Bottom at 703 3. go long above for a target of 800+ 4. breakout coming soon 5. breakout above 725+
A logical mindset connect the dots logically to play the SBI card game on time without fail.
weekly support, neutral, candles forming . i think its time to go long on this beaut
#Sbicard cash -Positional for 12 months 20.Feb 2024 Accumulate 50% above 750 Close Accumulate 50% above 790 Close Target 930-1040 Cmp 740
SBICards..cmp 741 ...a potential candidate for falling channel breakout...once it moves above 755 it could give a move till about 820 short term view...invalid below 699....just my observation, not a buy/sell recommendation....
Please wait for 5 hrs tomorrow and see that this stock is taking support at 1:42 p.m. candle and candle price stays above this level for at least 3 hrs. Unfortunately 3 hrs. will not complete on 19th it self it will happen on 20th. Conclusion: When price stays above 720 on 20th buy will SL 0f 700. Disclaimer: I am not a SEBI Registered Analyst. Please...
In the Weekly Chart of SBICARD , we can see that, after breakdown, it is holding its position and has Decision making Candle. Enter on breaking its high with low as SL.
SBI Cards at major support and expecting an uptrend. SBI Bank has also shot up and can expect SBI Cards to follow suit. The only concern is bearish market specifically banknifty hence banking stocks seem quite down. Nonetheless will book a small stoploss if support breaks down and also I dont mind holding the stock for long term as SBI Cards has good...
Great fundamentals Cup and handle pattern Great company with SBI cobrand name Great PE PB multiple lowest in the 3 to 5 year time. For long term 1 to 5 year.
Sbicard @ demand zone. Any day close below 695 exit ..else hold for 720/750/780/840.... Hope for d best ...1100 se one way down. Npa plus huva he nd profit margin kam huva he .magar fir bhi revenue lasbi
A 30% move is possible Trading at crucial support If the support is respected a quick 30% upside is possible in next 3-6 months
SBI CARDS is an interesting chart with following 1. Bullish Harmonic BAT pattern under formation 2. PRZ near 715-740 zone 3. Confirmation hammer candle on weekly chart 4. Price Formed Bullish candles on two consecutive days on daily charts despite bad numbers can be a good risk and reward for positional target of 873 with SL below 700 levels Disclaimer: I am...
SBI CARDS (1W TF) - Swing Trade Analysis given on 28th Jan, 2024 Pattern: FALLING WEDGE - Volume Spike at Resistance - Done ✓ - Breakout - In Progress - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #SBICARDS