Long
HDFC BREAKING OUT OF SYMMETRICAL TRIANGLE PATTERN
SUMMARY:-
-stock is breaking out of pattern
-nifty looking to scale to new highs
-market looking good on the upside
-hdfc can carry financial rally
HDFC CASH/SPOT TRADE
BUY@2510-2500
STOP@2460
TARGET-1@2575
TARGET-2@2650
TARGET-3@2750
NOTE:-
-one can choose futures as per their choice
-trade by accepting market knowledge
-try to avoid taking unwarranted risk
-stock is breaking out of pattern
-nifty looking to scale to new highs
-market looking good on the upside
-hdfc can carry financial rally
HDFC CASH/SPOT TRADE
BUY@2510-2500
STOP@2460
TARGET-1@2575
TARGET-2@2650
TARGET-3@2750
NOTE:-
-one can choose futures as per their choice
-trade by accepting market knowledge
-try to avoid taking unwarranted risk
Trade active
RISK AVERSE TRADERS CAN LOOK TO EXIT HDFC @2450AND REST CAN HOLD FOR ABOVE TARGETS
PLEASE KEEP ON ADJUSTING YOUR TRALING STOPLOSS
Trade active
2560 TILL NOW LOOKING STRONG FOR FURTHER GAINSTrade active
SOME PROFIT BOOKING SEEN PREFER TO HOLD FOR BIGGER GAINS
EXPECT SOME MOVE IN HDFC ON EXPIRY
Trade closed: target reached
FIRST TARGET ACHIEVEDTrade active
THOSE HOLDING HDFC FOR POSITIONAL STAY LONG WITH TRAILING STOP @2485Trade active
TILL NOW 2700
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