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BUY: SBICARDS
CMP: Rs 1,046
TARGET: Rs 1,140-1,160
STOP LOSS: Rs 1,000
The stock has bottomed out near the significant 200-DMA support level of Rs 1,000 and also near the trendline support zone indicating a trend reversal with improvement in the bias. The RSI also has indicated a trend reversal from the oversold zone and has signaled a buy with strength indicated and has potential to rise further in the coming days. We suggest to buy and accumulate this stock for an upside target of Rs 1,140-1,160 keeping the stop loss of Rs 1,000. CLICK HERE FOR
CMP: Rs 1,046
TARGET: Rs 1,140-1,160
STOP LOSS: Rs 1,000
The stock has bottomed out near the significant 200-DMA support level of Rs 1,000 and also near the trendline support zone indicating a trend reversal with improvement in the bias. The RSI also has indicated a trend reversal from the oversold zone and has signaled a buy with strength indicated and has potential to rise further in the coming days. We suggest to buy and accumulate this stock for an upside target of Rs 1,140-1,160 keeping the stop loss of Rs 1,000. CLICK HERE FOR
