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HDFC

It has activated a C Clamp which suggest a retracement till 1860 is probable, which is also a resistance in weekly/monthly time frame. The level also tallies with a retracement of the monthly bullish harmonic pattern as well as with a probable bearish pattern near it in lower time frame. Two studies suggesting indentical resistance ahead!
Note
The view would negate below 1625
Trade closed: stop reached
Dinesh_C_Nagpal
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altsharkclampharmonicmovesHarmonic PatternsharmonictradersHDFCichimokuindicatorichimoku_traderTechnical IndicatorsretracementTrend Analysis
Dinesh_C_Nagpal
Webinar recordings available
t.co/3mGWp29Xkb
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