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...
After responding positively to the support ₹756, the stock has been continuing its upward movement. It has risen over ₹800, which has now become a support level for the stock. Expect the price to rally further and hit fresh highs.
A Cup and Handle pattern on the chart and the handle breakout is awaited. Above 800 it could be explosive. RSI is at attractive levels
Making a CUP & HANDLE. Its overbought, a correction is expected. Sell for a target of 720 and 680. 2-4 weeks.
SBI Card is a stock which is in a very good uptrend and if it breaks this Lvl it will just rock. cant give much of targets as it has no previous levels but yeah looks good for long term as well as short-term . will retrace a bit for now to maybe around 768 or 745. a good level for buying. #my_opinion #learner
#SBICARD reported net profit of Rs 346 crore in April-June quarter. Today stock touched previous all time high and face resistance on same level and closed red with near doji candle. Stock is moving under channel. Can reverse to support trendline from above in case of profit booking from overbought zone. Showing Bullish result in Technical Parameter: CCI iin...
SBI CARD buy @712~722, target 790~810 SBI card will come down from present selling point 765~770 to 712~722 range, once can buy in this range with stop loss 700 and can have target 790~810.
GLENMARK - DEMAND AND SUPPLY ZONE
SBIC - FIRST TARGET MET BREAK ABOVE 565 and sustaining above 550 will open the way for 600 levels
Taking Short position on SBICARD Target 517 SL 567 Forming head and shoulder and with the breakout, it seems bearish.
CMP has broken 585 support and broken the trend line . Short @CMP : 560 Target : 505 SL:586
sbi card heavily down in last few day good bounce back 500 to 590 now seen some resistance if cls or sustain abv 590 more upside seen
On hourly chart stock started to form higher high formation, and rsi is also well aligned the price, suggestion price up move is fueled by the good momentum. So everything as of now looks good on the charts , and any breakout above the trend-line would possibly lead a good move in the stock and stock could be seen reversing the down trend its being seeing since...
Stock almost did the target in the early trading session, high made was 596.35 The current rally was a pullback and now its time to draw a new trend-line to spot the reversal in the stock. New support levels are 540 545 ( previous resistance turned support) Stock can spot the Resistance near new down sloping trend-line and further resistance will remain...