Updated
HDFC approaching resistance zone
HDFC approaching resistance zone. Previous low perfectly sqaured at 40 days. (38 days to be precise). Trend line suggests that there is a top possible today or tomorrow and moreover there is a pivot at 1438.Look to short at that level.
Note
Inside bar made after the stock reached supply zone and MACD is trying to tip off zero line. Look to short below 1390 with sl 1396.Note
Now 1374 is the level to watch break below which can be shorted for 1355 ;levels
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.