HDFC BEEN UNDER PRESSURE FOR A LONG TIME.
But recently trading in bullish momentum and broken important previous swing high on weekly time frame.
The breakout been retested as well and we had a hug buying momentum on friday trading session.
Can consider this stock for short term trading opportunity and also if you want you can accumulate it in your longterm portfolio.
Charts are self explanatory.
SL 3240.
But recently trading in bullish momentum and broken important previous swing high on weekly time frame.
The breakout been retested as well and we had a hug buying momentum on friday trading session.
Can consider this stock for short term trading opportunity and also if you want you can accumulate it in your longterm portfolio.
Charts are self explanatory.
SL 3240.
Trade active:
HDFC so far so good..but now at a point where we should be careful.
If anything comes below 2416 the trade should be closed why because on day time frame it will be like lower high and lower low formation...
That will negate out view as we were long on HDFC.
If anything comes below 2416 the trade should be closed why because on day time frame it will be like lower high and lower low formation...
That will negate out view as we were long on HDFC.