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UnknownUnicorn381249
Nov 1, 2016 7:19 AM

HDFC approaching resistance zone 

Description

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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