vinodhvinayan

Swing set up in SBI CARD

Long
NSE:SBICARD   SBI CARDS & PAYMEN
SBI CARD first took 140 days, secondly 160 days and thirdly 260 days to reach support of 650 from all time high. This suggests that the sellers are weakening, now there has been a good bounce from the 650 support and a minor trend line break out has taken place, I expect the stock to look at the all time high soon. I think it is a good time for swing traders to enter a large target with a small stop loss

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