SBICARD is a goldmine! Buy when it goes down, HOLD for 2021!
Analysis:
RSI levels at ATH but the stock is still well below the expected price when launched
Volume Osc indicate an institution buying continuously
The stock will be on top nifty50 list in 2 years
Investment Strategy:
Stock will be one of the highest performers in the next 2 years - buy at the small dips
Strong fundamentals means it will keep rising, sell small quantities at ATH and buy back when it cools
Can allocate 20% to 30% of the portfolio for 2021-22
Never buy everything at one go. Average your price
RSI levels at ATH but the stock is still well below the expected price when launched
Volume Osc indicate an institution buying continuously
The stock will be on top nifty50 list in 2 years
Investment Strategy:
Stock will be one of the highest performers in the next 2 years - buy at the small dips
Strong fundamentals means it will keep rising, sell small quantities at ATH and buy back when it cools
Can allocate 20% to 30% of the portfolio for 2021-22
Never buy everything at one go. Average your price