HDFCBANK | Flag & Trendline breakout and retesting the zone Long

HDFC BANKNSE

Description

⋅ Jan 13, 2021 7:08 AM

HDFCBANK | Flag & Trendline breakout and retesting the zone - Lets see if we can capture a 15-20% (Pole length)

CMP : 1466
SL : 1410
Target : 1600,1750

Trade closed: target reached

⋅ Feb 11, 2021 12:29 PM

Comments

RAMSTECH

⋅ Jan 14, 2021 3:33 AM

short term or long term?
please mention time frame.
nice analysis. Thank you.

srikartiram

⋅ Jan 14, 2021 4:25 AM

@RAMSTECH, It is just a swing trade, may be 7-10 days holding time. I analyzed in Daily time frame.

vpatil10

⋅ Jan 13, 2021 6:04 PM

Good one Sri

ReviveTraders

⋅ Jan 13, 2021 8:05 AM

perfect setup ...looks amazing 🎯

Ab0099

⋅ Jan 13, 2021 7:45 AM

In this monthly expiry is it possible 1600?

srikartiram

⋅ Jan 13, 2021 7:48 AM

@Ab0099, I'm sorry but i dont know about Option buying. Consider going long with Future with hedge ( Buy a Put at 1400 PE) margin requirement is around 50k only.