HDFC is Good Time OVER? 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 Parallel Channel. Technical Indicators (Both Laggard & Lead) are OverBought. ICHIMOKU 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.
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HDFC Made a High @ 1682.20 on 13/06/2017 (mentioned Level to SHORT @ 1679. HDFC Made a LOW @ 1629.55 on 15/06/2017 & Touched "Mentioned Median (VIOLET Dotted) Line @ 1629 of Parallel Channel.