Correction may get over as the price is near a mid term ascending trendline supporting the Higher Top Higher Bottom formation of HDFC ,
In the short term view on 30min Time Frame it has made tripple bottom which is quite supporting with our bullish bias and on RSI & MACD bullish Divergence can be seen!
Entry1: Enter at the current levels putting Sl Below the mid term trendline
Entry2: Breakout of the correction Channel Pattern
Sl: Risk must be less than 3% based on the setup (Adjust your own)
-Rv The Trader
In the short term view on 30min Time Frame it has made tripple bottom which is quite supporting with our bullish bias and on RSI & MACD bullish Divergence can be seen!
Entry1: Enter at the current levels putting Sl Below the mid term trendline
Entry2: Breakout of the correction Channel Pattern
Sl: Risk must be less than 3% based on the setup (Adjust your own)
-Rv The Trader