TradingView
pangusanthai
Jul 16, 2019 1:23 PM

HDFC - Short Term Bearish - Target 2220 & 2191 Short

Description

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.)

Trade closed: target reached

Target reached after stop loss.
Comments
thakurketant
More downside possible in this expiry?
thakurketant
Amazing. Target achieved on given date.
pangusanthai
@thakurketant, thanks for follwing my post. My laptop was broken so not posting any new advice frequently. I will post more frequently in stocks soon
thakurketant
@pangusanthai, thank you. I am amazed by your analysis. Do you teach?
thakurketant
Has it broken the channel at 2285?
pangusanthai
@thakurketant, The prices is still inside the trend channel, Break out doesnt happen yet. indicator also showing the reversal of trend is expected here.
thakurketant
@pangusanthai, this one flew away in opposite direction
More