HDFC: @ 1647.5
Nearer End of EXTENDED WAVE - 5 at @ 1643 To @ 1679,
Fib EXT of 1.13 - 1.272 Respectively.
Trading Near Median (VIOLET Dotted) (@ 1625) of .
Technical Indicators (Both Laggard & Lead) are OverBought.
Tenken (Conversion Line -Sky Blue) & Kijun (Base Line - Merun) turns flat.
In Hekin Ashi Reversal Candle. (Though Not plotted in Chart).
more on the chart.
SHORT Zone & Target Plotted in Chart.
Strategy for Future Trader: SHORT Future + Long 1680CE / 1700CE.
Intraday levels (Future Basis):
Resistance: @ 1654, @ 1660, @1669, @ 1675 - @ 1679
Support: @ 1645, 1640, @ 1633, @ 1627
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HDFC Made a LOW @ 1629.55 on 15/06/2017 & Touched "Mentioned Median (VIOLET Dotted) Line @ 1629 of Parallel Channel.
Levels for Coming days.
Resistance: @ 1643, @ 1647- @ 1651 (HZ), @ 1661
Support: @ 1627, @ 1622.3 - @ 1618.8 (BZ), @ 1609.6