PrachiMetha

Good Support Level in $NSE:SBICARD

Long
PrachiMetha Updated   
NSE:SBICARD   SBI CARDS & PAYMEN
Dear Traders,

I hope this message finds you well. I am reaching out to provide you with a crucial update regarding our particularly concerning SBICARD

After thorough analysis and consideration of market trends and stock performance indicators, we have identified an opportune entry point for initiating a Buy position.


The entry level for initiating a Buy position is set at 720-730 , Stop Loss 690, Target 760, 780 . We believe this price point presents a favourable opportunity to capitalize on potential upward movements in the stock's value.

Fundamental Points To be Considered-
1) Company has sufficient cash reserves to pay off its contingent liabilities.
2) Company's annual revenue growth of 26.4% outperformed its 3 year CAGR of 13.43%.


It's important to note that involves inherent risks, and as such, we recommend exercising caution and conducting your own due diligence before making any investment decisions.

This message is for informational purposes only and should not be considered financial advice. It is crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. We do not guarantee the accuracy or completeness of the information provided.
Trade active:
Buy Order Executed

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