Chartist_micro
Short

"HDFC" - Short/Sell Trade Setup.

NSE:HDFC   HOUSING DEVEL FIN
1. HDFC is forming an triangle on the top.
2. Triangles are 50-50 they can breakout and breakdown and keep the direction continue.
3. Taking a short trade on the edge of triangle provides you better Risk:Reward Ratio.
4. Mentioned target is small because of a support trendline is coming up there, if it breaks down that trendline in upcoming week than it can go more down.


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