NSE:SBICARD strong breakout in monthly and weekly timeframe. Add more at 765 to till 720, SL 692. Targets highlighted in blue lines.
Everything is on chart for investment view AREA UP AREA LOW SPACE
SBI Cards & Payments Symmetrical Triangle Chart Pattern has formed, Entry at 460, Target at 520, Stop Loss at 420
Current Zoomed view Daily MACD turned Positive Trishul Activated in RK-Brahmastra 4Hourly Breakout Elliott Wave Analysis of SBICARD (SBICARD) Overall View Zoomed View Overview: SBICARD has displayed a promising Elliott Wave setup, indicating the potential unfolding of a bullish wave cycle. Recent breakout movements, supported by strong volumes and...
SBI CARDS is currently at it's lowest ever P/E. It is trading at 28.5 P/E while its lifetime median P/E is 54.4. It is constantly posting good revenue and profit which makes it a very highly undervalued company at its present price and P/E. It can be considered a good buy for both short and long term. Trade can also be taken on the basis on range bound trading...
Long term Trendline broken Consolidation in Range on Daily TF since 7th Dec Consolidation near buyers Zone when we see data for past few months
SBICARD - Elliott Wave Count This is an update to the previous view. still, the market is in correction and can expect another low. whoever takes a long position based on our earlier view can book the profit here and wait for a reversal from the 758 range. However, if the market breaks above 810 can hold the long position for the target of 950 to 1000...
SBICARDS - Elliott Wave analysis SbIcards - It's time to close short positions as the reversal impulse wave 5 is expected soon. Wave 5 targets 900 to 1000. If the red line breaks, the view is invalid. Trade with caution. NSE:SBICARD BSE:SCPL1! NSE:SBICARD1!
Observations:: Trending upwards... facing resistance in the zone 895-900 range. if price breaks resistance zone, we have next resistance @920 range. if price breaks below trendline and retest, we go for short, we have demand zone @ 840 levels. keep track this for further momentum.
NSE:SBICARD Gains: 10% Duration: 4 months *Not a financial advice. My charts speaks louder than words. I'm a chartist and I paint charts.
SBICARD trading inside triangle patter in hour chart. follow Support & resistance line. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing First Learn and then remove "L"
As per my analysis NSE:SBICARD is now getting ready to get reversal. My positional buying entry will be level of 830, keep stop loss on 790 and hold till big targets which are 908 & 1007. This could be best risk and reward positional trade. Note: This is my personal analysis, only for learning. Thanks.
SBICARD giving breakout at 1140 in the monthly chart. SL is 883 closing basis
- Cup & Handle pattern - Above short & long term moving averages - Target 1290-1300
SBIC card has come into motion and is probably moving towards 1080- 1100 levels, Please refer to the previous post of sbic, linked here.
On 6the May 2021, the stock saw a gap up opening, followed by a big bull candle, which further followed by sideways move same and next trading day, i.e today. Seeing this price action, if the price sustains 970 levels, it could head towards 1040 and 1080 levels in the very near term.