SBICARD is on tug of war between Bulls and Bear. It is forming Triangle Pattern therefore if it breaks upper trend line one can go for Long, however, if it is being controlled by bear they can shed it upto lower trendline. If it comes in control of bears they can further shed it to 760-755 where it can consolidate further for fresh upside. As of now no steam is being shown by it hence we are looking for price to kiss lower trendline.
Comment:
on 7 Dec makes High 864 just near to our first target. Now waiting to achieve 868 immediately and then 900
Comment:
Added more Qty @ 810 and looking both target by the end of Dec 20 keeping in view of Christmas Eve and Festive season for SBICARD
IMMEDIATE TARGET 868, 900 ON OR BEFORE 11.12.20
SL COST ONLY.