SBI Cards has been moving between 2 trend lines. It just hit the bottom line and bounced back up.
It can be a good buy to ride a wave till the top exit line.
HDFC always fluctuates between these two trend lines.
Trend lines are on the weekly and daily graph. It is at a very good place to buy for swing trading.
Buy and hold for a long trade uptil the upper trend line.
It's reached near the top of the triangle pattern. It is also an all time low in the last 6 months. This can be a good setup for swing trading. Expect 15% returns over one month.
