SBICARD AT IMPORTANT LEVELSCurrently, 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 trade ideas
SBI CardLIsting day high is 767.55 and from there onwards it acted as a resistance which then turned out to Support and it was tested multiple times
767- 790 will be the major support on breakdown of this then next support is @ 640
SBI Card BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
SBI Cards and Payment Services LtdHere we can see clear divergence in RSI and price action on daily chart. We may see 950 levels in a short term range.
SBI card....a good card to play a gameSBI CARD is in channel pattern and it may broke the resistance level andw e can expect a good move.
SBI CARD DAILY CHART SBI card elliot wave pattern . currently it is in corrective mode of abcde pattern . tgt 1080-1100
Don't miss SBI Cards - short and long term entry triggered!SBI Cards has fallen 240 rs from all time high and has hit an important support zone.
We can expect a sharp, quick reversal from here and a continuation of the unmove on breaking and sustaining above the trendline.
For the short term, the target is 946 with a SL at 868. Entry can be made on Monday depending on opening and checking the RR. However, even after hitting the target, it should be strictly trailed as we can expect 990 levels quickly if trendline is broken.
The stock can also be bought as an investment purpose, with a SL below 770 and targets of 1500. Holding period of one to three years.
*educational purposes only*
LONGSBI Cards is at good levels for long term investment. stock can be also bought for short term at current levels with target of 990/1025. further as shown in the chart.
Short Sell Opportunity in SBI CardIn the short term, the stock has resisted after a pullback..918 marks the strong support zone, below 918 one can go short with 1:2 risk: reward ratio.
Shall update levels once triggered.
sbicardSBI Card launch a first-of-its-kind fitness & wellness-focused credit card – ‘SBI Card PULSE’
Short & long both tgt hitSBI Cards chart analysis
Opening long candle reversed in next one only giving opening low as a target
Vice versa in case of next arrow
SBICARDS forming a bullish ascending traingle patternStock has been consolidating for ~9-10 months now. Trendline, 200d ema and previous high of ~920 are strong supports.
SBI CARDS Getting ready to fly once asc triangle breaksAfter few months consolidation script is ready to fly and based on the ASC triangle target we can expect 1500
SBI cards buy in partsBYU SBI CARDS some @current price
and some in DIP
profit 1045+++
exit as per your holding capacity
#SBICARDS updated harmonic#SBICARDS updated harmonic
Target - 1400,1700,2000
Add on dip for good RR
PRZ-975-950
SL-763
CMP:1007 @ 22 November 2021
Sharing only for learning.
Trade on your research.
just for educationLONG
HERE, AT CMP 1085 FOR TARGET OF 1120, 1140 (IF CLOSE ABOVE 1155, THEN AGAIN LONG POSITION FOR TARGET 1250, 1340
SL : BELOW 1053
Disclaimer : This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Ready to Ride the Bull?stock looks significant both Fundamentally and Technically .
*Delivered a good Top and Bottom line numbers in Q2FY22
*Also potential for a Break-out in Tech-chart is also high, backed with good number of Support and Resistance it took.
SBI CARDS, Looking BullishSBI CARDS, looking good to go long strict stop loss below day's low. RSI turning into bullish zone. Strong momentum expected in coming days. Higher high seen on charts.
Ascending triangle breakout Add in watching and wait for breakout .Follow risk reward.No pattern will work all the time.
SBI cardsAn upside triangle pattern is being formed and SBICARDS is taking support on the bottom line at this point. If the resistance line breaks, It may give 10-15% upside breakout.
