Hi All - good opportunity for swing trade on long side for SBICARD.
1. Consolidating in Range, go long on breakout
2. Bouncing off key fib retracement level
3. Bouncing off with good volume
Hi all - Swing trade opportunity for Nifty 50 in 1h timeframe.
1. Long enter after breakout of 19494 on good volume and break the resistance from the gap. It will also trigger shorts unwinding.
2. Bouncing off long term support
3. Good risk to reward but maintain strict stop loss as markets are volatile