BULLS regaining momentum IN SBICARDS ??!!
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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!!!!
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!!!!
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below 804 .....tough for bulls to get going.
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