Bullz_Eye

HDFC in a rising wedge!

Short
NSE:HDFC   None
HDFC is testing it's lower TL for the third time now and there is an apparent exhaustion as it is unable to forming lower highs. This provides a shorting opportunity below 2272 when the TL breaks, and one can expect 2262 and even 2241 in the days to come.
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.