praveen.bhatiya

Short Term sing long HDFC.

Long
NSE:HDFC   HOUSING DEVEL FIN
The stock is having good frequency around Pitchfork and trend line . One can enter long here or on dips with stop loss of 1210 on closing basis for a target of 1315/1345. I know it is making lower low and lower high clearly in downtrend but trading a pull back expectation. It may achieve target fast in coming days. Divergence are also supporting the idea even if it does not work being against trend, the stop loss is affordable.

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