Short
HDFC - Short Term Bearish - Target 2220 & 2191
HDFC is in range bound and touch the top of short term trend channel.
Incase the price break out the channel then this analysis is void. Need to keep Stop loss accordingly
Target 1 : 2220
Target 2 : 2191
Target Date : 26th Jul, 2019 (Chart is price vs time, so generally i predict time as well.
Personally, I square off my trade if the target date is crossed.)
Incase the price break out the channel then this analysis is void. Need to keep Stop loss accordingly
Target 1 : 2220
Target 2 : 2191
Target Date : 26th Jul, 2019 (Chart is price vs time, so generally i predict time as well.
Personally, I square off my trade if the target date is crossed.)
Trade closed: target reached
Target reached after stop loss.
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