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vanathi
Nov 20, 2022 4:56 AM

Hdfc 

Description

Price is consolidating in a descending triangle. Bullish as long as it holds the triangle support 2635 - 2645. Buy above 2650 with the stop loss of 2630 for the targets 2665, 2690, 2715 and 2740. Bearish if price face resistance in the zone 2635 - 2650 and breaking it will make the price to move towards 2600, 2570 and 2540. Trend deciding level is 2635 - 2650.

Trade active

Short. Place stop properly. Price is at trend deciding level

Comment

Start trailing.

Comment

Made low 2613.8

Trade closed manually

Trailed & closed at 2612. Day's low 2608.
Comments
Rinkal_shah
great analysis
vanathi
@Rinkal_shah, Thank you.
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