rdkriplani

HDFC Litd - Caution

NSE:HDFC   None
The previous channel support has not become a resistance. Also at that resistance the weeklydaily candlestick pattern are Dojis.
Be cautious going ahead on this stock.
Usually you need a follow up candle to confirm the reversal which could come next week.
Watch Mondays price action which might trigger a short trade on this co.

Short below 1307. SL 1350.

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.