SBI Cards forming Ascending triangle.

SBI Cards currently bouncing from a trend-line. Taking support 4 times from the trendline.
Latest 3 supports on trend line were with high volume bars. This shows that trendline is acting as a strong support.
Stock currently available at supports, hence SL will be lower.

Place SL at 868 levels
Targets 1370/1575

Kommentera:

There's loss of momentum.

One can exit completely.