If SBICARD consistently maintains 855 level (within 1-2% error band), then breakout possible before 05/01/2021 and shall achieve midterm target of 1050 (on or before 15/01/2021) Immediate Support at 805 Strong Support at 782 For this period, 16-12-2020 to 05-01-2021, 820-856 would acts as support line.
Just opinion - Next 150 points will be reached in 10 days if bullish view sustain in the market (NIFTY) but Good Analysis, good to see breakout before the mentioned date :)
SS_2020
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@pramodvbhat, agree that, only if nifty holds between 14250-14500, next 150 points would be a possible target.
SS_2020
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@pramodvbhat, just 12 INR away from the target with a delay of 5 T sessions.
SS_2020
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happy to see the breakout before the mentioned date.
purely chart speaks