Lont term Investment and SWING trade opportunity in SBI CARDS
SBICARD is continuously in down trend after touching it's all time high. Now trading around a very crucial support zone it can take a quick reversal from here and give a good RR in swing trade if taken after a retest on bullish side. But if the support is broken with high red volume then the bulls can be trapped. I will enter with Mindset of long term investing with medium quantity. will book if the good RR can be seen within 1-2 months or i will hold it for long term. fundamentally a very amazing company.
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