bibz4trade

HDFC With some weakness !!!

Short
NSE:HDFC   HOUSING DEVEL FIN
It has been observed in daily chart of NSE:HDFC that its rejecting 1410-1415 Range. Consider hitting of multiple tops in this range without breakout shows some possible correction. one can take this as a chance for possible short position with a target below 1365. CMP is 1401.

Be very cautious over 1325-1330 as it may breakout previous tops.

Regards
Bibin
Comment: Reached primary target of 1365
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