SBICARDS forming a bullish ascending traingle pattern

Long

SBI CARDS & PAYMEN (NSE:SBICARD)

Mis à jour

NSE:SBICARD SBI CARDS & PAYMEN

Trend Analysis Chart Patterns

trendanalysis chartpattern

Stock has been consolidating for ~9-10 months now. Trendline, 200d ema and previous high of ~920 are strong supports.

Commentaire:

Stock is 10% up since the call & is exactly at the resistance. We might see a small correction and a major breakout

Commentaire:

A small correction just as predicted from the resistance. Stock will fly soon

Commentaire:

Rejection from upper resistance. Wlll trend in the channel some more

Commentaire:

A rejection from 1141 level again. Stock has tried crossing it 5+ times in the last month. It is bullish now because of the candle on 25th

Commentaire:

Stock is being rejected multiple times at the 1141 level. This will have to find EMA supports and bounce back

Trade fermée: ordre d’arrêt atteint:

Bullish triangle was broken and stoploss achieved. It did bounce back from the 916 support indicated here, 2 months ago! A good movement above the 200d ema will be a strong buy here

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