afteroneday

HDFC approaching resistance zone

NSE:HDFC   HOUSING DEVEL FIN
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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.
Comment: 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.
Comment: Now 1374 is the level to watch break below which can be shorted for 1355 ;levels

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