Welcome traders and investors. SBI Cards Share Price Target 2024,25,26,27,28,29 To 2030 Prediction With Major Levels discusses about the 2024 to 2030 target levels for SBI Cards Share Price .Also the major low risk entry levels for SBI Cards Share Price is provided in the below article so that traders can achieve SBI Cards Share Price Target 2024 to 2030 with peace of mind and low risk.
SBI Card Share Price Target 2024 to 2030 Prediction With Major Levels can be useful for both long term and short term traders. Traders must have the discipline to follow the levels mentioned in SBI Card Share Price 2024 to 2030 Prediction With Major Levels.
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About SBI Cards (SBICARDS)
SBI Cards & Payment Services Limited is a credit card company which provides credit cards and payment services in India. SBI Cards was launched in 1998 May under State Bank Of India and GE Capital. In 2017 the major stake in SBI Cards were acquired by SBI and The Carlyle Group. Headquarter of SBI Cards is at Gurugram. SBI Cards is led by Abhijit Chakravorty.
SBI Cards Balance Sheet
On April 29 2024 SBI Cards reported a net rise of 14% in their revenue year over year to Rs.4475 crore in 2024 Q4 financial year. Previous year that was Rs.3917 crore. Reported net income after tax by company rose is Rs.662.37 crore on March 2024 ,on December 2023 it was Rs.549.08 crore. So the SBI Cards 2024 Q4 overall showed a positive sign of future growth of the company.
Now the major questions arising in the mind of a normal investor or trader will be.
1.Is SBI Card a good buy?
2.What is the future of SBI Card ?
3.What are targets for SBI Card from 2024 to 2030?
4.What all are the major low risk entry prices for SBI Card in coming days?
The answer to the above question can be found in the below discussed article about SBI Card Share Price Target 2024,25,26,27,28,29 To 2030 Prediction
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SBI Card Share Price Target 2024,25,26,27,28,29 To 2030 Prediction
The SBI Card Share Price Target 2024,25,26,27,28,29 To 2030 prediction can be divided into two sections. SBI Card Share Price upside target 2024 to 2030 and SBI Card Share Price down side target 2024 to 2030.Here both upside and downside targets for SBI Card Share Price for next 5 years is provided.
Both targets can be used as low risk buy levels if price made a monthly bullish close above that level. keeping stoploss below that level. Thus the major levels for SBI Card Share Price provided here can used as both targets and low risk entry points.
The SBI Card Share Price Target 2024,25,26,27,28,29 To 2030 prediction suggests that if one level of target is broken towards upside then SBI Card Share Price target will be next level. Similarly for downside. Traders and investors must have the patience and discipline to enter only when price tests a given level and enter only after watching price action at that level on monthly basis.
Major upside targets for SBI Card Share Price from 2024 to 2030
| Year | Target1 | Target2 |
|---|---|---|
| 2024 | 730 | 808 |
| 2025 | 808 | 878 |
| 2026 | 878 | 938 |
| 2027 | 938 | 1122 |
| 2028 | 1127 | 1200 |
| 2029 | 1200 | 1305 |
| 2030 | 1305 | 1400 |
Major downside targets for SBI Card Share Price from 2024 to 2030
| Year | Target |
|---|---|
| 2024 | 700 |
| 2025 | 630 |
| 2026 | 543 |
| 2027 | 480 |
| 2028 | 400 |
| 2029 | 330 |
| 2030 | 260 |
Implementing Investment Strategies
The SBI Card Share Price Target 2024,25,26,27,28,29 To 2030 prediction with major levels provided above helps investors and traders to implement a super investment strategy in SBI Card Share Price with low risk and maximum rewards. Coming to trading and investing risk management is a major factor which decides the success of a either a long term investor or positional trader. For that traders must have the discipline to follow the SBI Card Share Price target 2024,25,26,27,28,29 to 2030 major levels.
In the above chart two levels are provided as immediate upside and downside levels they are 731 and 706. SBI Card Share Price will start it’s upside target journey only if SBI Card Share Price is able to break and close above 731 level on monthly basis in 2024 .So an investor must buy SBI Card Share only if SBI Card Share Price is able to break and close above 731 on monthly basis .If SBI Card Share Price break and close above 808 then next upside target will be 878 by 2025.
Like that we need break of one level in order to reach next level. Similarly for downside targets to achieve SBI Card share price must break and close below the down side levels on monthly basis. For example if SBI Card share price closes below 706 on monthly basis then SBI Card share price will move down to 630 level by 2025.
The downside targets can also be used as low risk buy levels if SBI Card Share price is getting support and closing bullish above those downside levels .In this case stoploss must be below those downside levels.
Conclusion
SBI Card Share price Target 2024,25,26,27,28,29 To 2030 prediction with major levels suggests above mentioned levels as low risk buy levels in SBI Card Share .SBI Card Share price needs a break and close above those levels for achieving the upside targets. If one level is broken then target will be next level.
Traders must have the discipline to take trades only when SBI Card Share price comes and close above those levels. The downside target levels in SBI Card Share price can also be used as low risk entry if price closes above those levels in monthly basis.
Disclaimer :-The information provided above are only for educational purpose. Its not a buy or sell recommendation. Consult your financial advisor for any such decisions