Long
BEARISH GARTLEY IN HDFC.CAUTION .OVERALL BULLISH.
Updated
HDFC IS BULLISH ON HIGHER TIME FRAME ie DAILY AND WEEKLY
TARGET FOR THIS IS AT AROUND 2460 LEVELS
SL FOR THIS WILL BE 2250 LEVELS
ENTRY ONLY IF CROSSES 2340 PRECISELY
BEARISH GARTLEY
ON LOWER TIME FRAMES ie.1 hr
PROPER BEARISH GARTLEY PATTERN IS FORIMING IN 1 HR TIME FRAME, THOUGH THE OVERALL TREND IS BULLISH IN HDFC .IT CAN RETEST THE LEVELS OF 2250 BEFORE ZOOMING AGAIN, to the levels discussed above
(we have opportunity to go short before going long )
IF IT RESISTS AT 2320 LEVELS WE CAN SHORT THIS COUNTER AT 2300 FOR 40 ODD POINTS ,TARGET 2260 .
IF IT TAKES SUPPORT AT THIS LEVELS AND BOUNCE BACK WE CAN ENTER AT 2340 FOR 2460 DISCUSSED ABOVE
ABOVE VIEWS EXPRESSED ARE FOR EDUCATIONAL PURPOSE ONLY.
TARGET FOR THIS IS AT AROUND 2460 LEVELS
SL FOR THIS WILL BE 2250 LEVELS
ENTRY ONLY IF CROSSES 2340 PRECISELY
BEARISH GARTLEY
ON LOWER TIME FRAMES ie.1 hr
PROPER BEARISH GARTLEY PATTERN IS FORIMING IN 1 HR TIME FRAME, THOUGH THE OVERALL TREND IS BULLISH IN HDFC .IT CAN RETEST THE LEVELS OF 2250 BEFORE ZOOMING AGAIN, to the levels discussed above
(we have opportunity to go short before going long )
IF IT RESISTS AT 2320 LEVELS WE CAN SHORT THIS COUNTER AT 2300 FOR 40 ODD POINTS ,TARGET 2260 .
IF IT TAKES SUPPORT AT THIS LEVELS AND BOUNCE BACK WE CAN ENTER AT 2340 FOR 2460 DISCUSSED ABOVE
ABOVE VIEWS EXPRESSED ARE FOR EDUCATIONAL PURPOSE ONLY.
Trade active
We got opportunity to short as discussed at 2302 it gave a 20 points down reached 2282 here you can book some profits in short position ..Trade closed: target reached
SEE HOW BEAUTIFULY IT HAS MOVED AND GAVE A TARGET .FOUND SUPPORT ON OUR SQUARE ZONE AND MOVED AS PER OUR EXPECTATION
ALL TARGET COMPLETES
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