SBICARD trade ideas
just for educationLONG
HERE, AT CMP 1085 FOR TARGET OF 1120, 1140 (IF CLOSE ABOVE 1155, THEN AGAIN LONG POSITION FOR TARGET 1250, 1340
SL : BELOW 1053
Disclaimer : This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Resistance zone Breakout?IF SBI cards clears the resistance zone marked - 1131-1147...then it can reach the targets marked...it is trading since a few session close to the resistance area, which is also the upper part of channel. Let us see how it pans out. This is not a recommendation. Do your own research
Sbi Cards Looking Good long above 1150SBI card is consolidating from almost Eight Months
Previously it has attempted three times to break the 1140 level but failed
now it came again with good buying movmentum.
If it became successful to break above it will give good break and movementum also
SBI CARD is good long term pick also
Stop loss for positional is 1185
for long term Stop loss should be 1000