📊 SBI Cards & Payment Services Ltd. (SBICARD) - 1-Hour (1H) Chart Analysis

This post is shared for EDUCATIONAL PURPOSES ONLY to analyze short-term range bound compression, horizontal resistance breakouts, and moving average ribbon alignment. It is not financial or investment advice.

🎯 Educational Swing Setup:
• Entry Zone: 650.00 – 660.15 (Sizing into position blocks within this tight accumulation box, or executing on a confirmed hourly breakout close above 665.00).
• Target 1: 695.00 (Near-term key structural supply / resistance level)
• Target 2: 730.00 (Extended swing continuation target)
• Invalidation / Stop-Loss: 630.00 (A definitive hourly candle close back below the lower boundary of the box and the pink long-term EMA invalidates this breakout setup).
• Expected Duration: 4 to 10 Trading Days (Short-term hourly swing view)

⚠️ Risk Management:
Since the price is compressing right near the top of its range, look out for volume expansion on the breakout candle to confirm institutional participation. Keep your position sizing disciplined!