naresh_arun99
Long

HDFC Trading Idea :-)

NSE:HDFC   HOUSING DEVEL FIN
This stock follows the channel since the mid of March, the channel tested only few times but it's strong enough to hold the price within the channel. the stock reached the the bottom on July 16 and bounced back to the channel.
seems a Possibilities for long trade.

Check out the overall market conditions before taking any decisions.

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Disclaimer: This analysis only for information purpose, do your own analysis before taking any decision.
Trade or invest at your own risk.
Trade closed: target reached: I didn't mention any target but it almost reached the top of the channel.

Comments

good analysis
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naresh_arun99 SohilShah
@SohilShah, thanks brother
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