SBICARD – Inverted HnS pattern breakout
SBICARD has formed Inverted HnS pattern around 760 levels.
Stock has been in downtrend since Mar’21 (3 years now) and has also formed triangle pattern (last leg done now).
If price sustains above 765 levels for 2 days then looks good for long.
Target: 930+, 1000+, 1160+, ATH.
SL: Daily candle close below 750.
Stock has been in downtrend since Mar’21 (3 years now) and has also formed triangle pattern (last leg done now).
If price sustains above 765 levels for 2 days then looks good for long.
Target: 930+, 1000+, 1160+, ATH.
SL: Daily candle close below 750.
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