Rv-The-Trader

HDFC to Bounce soon :)

Long
NSE:HDFC   HOUSING DEVEL FIN
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

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