The trend has now turned
SBI Card CMP 770
Elliott- I can see impulse waves in the current rally hence the trend has now changed.
Fib- the stock is at a strong fib confluence zone. Hence to me it is around a reversal zone. Making this dip an ideal zone to buy.
Volumes- have started to increase is positive.
Conclusion- I have been consistently been able to spot these turn around stories before they catch the fancy of the mkt. This stock was listed in 2020 around Rs 500. If u look at it it is still around it and is offering a g8 opportunity.
Elliott- I can see impulse waves in the current rally hence the trend has now changed.
Fib- the stock is at a strong fib confluence zone. Hence to me it is around a reversal zone. Making this dip an ideal zone to buy.
Volumes- have started to increase is positive.
Conclusion- I have been consistently been able to spot these turn around stories before they catch the fancy of the mkt. This stock was listed in 2020 around Rs 500. If u look at it it is still around it and is offering a g8 opportunity.
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