Long
HDFC ltd buying initiated
Trade plan for HDFC Ltd in this Blood Bath
In my view we have completed a 3 wave correction move down ward for shorter cycle. which is 100% from its recent TOP made on 15 NOV
In my view we have completed a 3 wave correction move down ward for shorter cycle. which is 100% from its recent TOP made on 15 NOV
Trade active
It can give one more leg down to complete 3-3-5 Flat correction. However as a rule since it was at 100% retracement I was suppose to buy so Did it. Will be more aggressive in making position RISK free and will book part Qty even if required before 2691 level mentioned. as overall Market and Bank nifty is having still more room to correct further
Trade active
HDFC ltd again started moving as per our expectation , once its crosses prev height @ 2589 level is expected to zoom to our 50% profit booking zone.Note
After Booking 50% profit we are now heading for Min level of 2774 We can modify our stop loss for balance Qty @ 2585 and hold for higher targets
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.