SBICARD - Hope the bag holders reloaded their bags
Updated
Fairly new share ,broke out of its downtrend line possible retest and may dip till 528 .
BUY up till 528
Keeping my stop loss below that zone 517ish
Expect this to be a quick pump till 619 .
On the LTF the 7 & 21 day MA's are offering support around 536.25 so first bid is going to be there . Fairly confident this should play out lets see...
Long term i believe 731 and beyond ....
IF SBI's baby SBICARD can fold what chance does the economy have?
BUY up till 528
Keeping my stop loss below that zone 517ish
Expect this to be a quick pump till 619 .
On the LTF the 7 & 21 day MA's are offering support around 536.25 so first bid is going to be there . Fairly confident this should play out lets see...
Long term i believe 731 and beyond ....
IF SBI's baby SBICARD can fold what chance does the economy have?
Note
Beautiful weather ..launch successful :)
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