SBICARD trade ideas
SBI Cards Bottom buy
Hello All,
I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits.
If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading.
Gautam Khanna
Technical Analyst by Passion :-)
SBICARDS : EILLOT WAVE + TRIANGLE + FIBO TIME + FIBO PROJECTIONSSBICARDS : An implusive wave is been marked from low of 495 and completes at the peak of 1138.
Since than the corrective wave had been in progression and now the triangle pattern appears to be complete. The triangle is marked with a-b-c-d-e as observed in the chart.
The FIBO time is used and the orange vertical lines can be seen on the chart.
FIBO trend projection is used from the beginning of the implusive wave at 495 to 1138 and than placed at the 720.80, completion of wave e of the triangle. The projections levels are visible on the charts.
SBI Card !!! BOTTOM BUY
Hello All,
I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits.
Sorry, I was banned by the moderators for not following the house rules ... But here I am back again :-)
SBI Cards can be bought now ... Targets are mentioned
If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading.
Gautam Khanna
Technical Analyst by Passion :-)
Can $NSE:SBICARD Will Take Support ?Dear Followers
I Hope this message finds you well. I wanted to provide you with an update on the stock NSE:SBICARD you've been following. The stock has recently taken support at a key level, indicating a potential opportunity for a short-term trade. my analysis suggests that there might be a favorable entry point for a short- Term position.
Stock Name- NSE:SBICARD
Support Level- 745-750
Entry Point- 750-755
Stop Loss Point- 710
Target Point- 820,860,900
Time Frame โ 90-120 Days
I closely monitoring the stock's movement and will continue to provide you with timely updates as the situation evolves. If you have any questions or would like more detailed insights, please don't hesitate to reach out.
Best regards,
SBICARD - Elliott Wave CountSBICARD - Elliott Wave Count
This is an update to the previous view.
still, the market is in correction and can expect another low. whoever takes a long position based on our earlier view can book the profit here and wait for a reversal from the 758 range.
However, if the market breaks above 810 can hold the long position for the target of 950 to 1000 range.
Please exercise caution when trading as this information is for educational purposes only.
NSE:SBICARD NSE:SBICARD1! BSE:SBICARD BSE:SCPL1!
๐ Alert! Bearish Pattern Spotted! ๐ป๐ Pattern: Symmetrical Triangle
๐ Symbol/Asset: SBI Card & Payment
๐ Description: Stock will remain bearish till it touches the support (the lower side of the triangle).
๐ Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.