Everything is on chart for investment view AREA UP AREA LOW SPACE
Sbi card is moving with lower highs and lower lows formation since August 2021. The stock has broken its important support levels around 800 and is resisting it for the past two weeks. This week it opened with the gap on the downside and saw follow-up weakness. Going ahead, the 770- 800 zone would act as a strong resistance for the stock and we could also see...
Currently, SBIC has been trading at the levels, where it consolidated in the past for many many weeks . The same levels can act as good support for the stock. Disclaimer: Not a recommendation to trade
SBICARD has seen a remarkable rally from 500 levels to 1100 levels in the past 1 year. Currently, we are seeing some correction in the stock. The monthly and weekly structure is still positive, though it looks weak on the daily chart and the current price action also indicates that this correction can extend a little more. Important support that Weekly and...
SBIC - FIRST TARGET MET BREAK ABOVE 565 and sustaining above 550 will open the way for 600 levels
Stock almost did the target in the early trading session, high made was 596.35 The current rally was a pullback and now its time to draw a new trend-line to spot the reversal in the stock. New support levels are 540 545 ( previous resistance turned support) Stock can spot the Resistance near new down sloping trend-line and further resistance will remain...