HDFC is now trading at an important level.
the portion marked in green box can act as a demand zone where HDFC is reversed for several times which means it may act as a strong support area.
Therefore, it is important to keep an eye on HDFC and check if it gets a bounce from here or breaks. if it breaks down the are we may see a massive fall in the indices as well a panic selling can be witnessed in HDFC.
Note: this idea is only for educational purpose.
the portion marked in green box can act as a demand zone where HDFC is reversed for several times which means it may act as a strong support area.
Therefore, it is important to keep an eye on HDFC and check if it gets a bounce from here or breaks. if it breaks down the are we may see a massive fall in the indices as well a panic selling can be witnessed in HDFC.
Note: this idea is only for educational purpose.
Comment:
HDFC still training within our levels.
Comment:
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Disclaimer: All the Views are purely for educational purpose.
Join Our free telegram channel for more detailed market views.
For Fully automated algo trading contact us:
t.me/investyourasset
Disclaimer: All the Views are purely for educational purpose.