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BULLS regaining momentum IN SBICARDS ??!!
SBI CARDS & PAY SER LTD
Long
BULLS regaining momentum IN SBICARDS ??!!
By mmjimm
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Updated
Dec 9, 2022
1
Dec 8, 2022
Chart patterns indicating bulls favour in sbicards !!
1. Major Channel pattern respected in weekly and daily time frame.
2. Another small channel pattern (1hr time frame) paves way for a F&O trade.
3.
Entry only after a 1HR Breakout with VOLUME
.
4. SL- 809 (better to consider 1 hr closing price).
5. Target levels mentioned in chart.(F&O - trail the stoploss).
6. We can expect it to go near 1000 levels soon.(Will update once this target is achieved)
Let's wait and watch!!!!
Note- Just Sharing my view....not a tip nor advice!!!!
Dec 9, 2022
Order cancelled
below 804 .....tough for bulls to get going.
Chart Patterns
Trend Analysis
mmjimm
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