HDFC BANK SHORT
Updated
YESTERDAY I PUBLISHED IDEA THAT HDFC BANK WOULD SHOW UP WARD MOVE EXACTLY THAT IS WHAT WE WITNESSED IN TODAYS SESSION I.E 15/06/2021. IT OPENED ON FLAT NOTE AT 1474 AND WENT 1496 , THE TARGET IN IDEA WAS 1502 .
SINCE THE CLOSING IS AROUND 1490.25 WE NOW SEE A BEARISH DIVERGENCE I.E THE HDFC BANK WOULD MOVE DOWNWARDS TOMORROW . I WOULD AVOID ANY BUY TOMORROW , WE MAY NOOTICE REVERSAL NOW .
SHARING MY POSTION AS WELL FOR TOMORROW .
I AM BEARISH ON HDFC BANK AND BANK NIFTY AS WELL.
LAST TWO IDEAS WERE PIN POINT RIGHT
SINCE THE CLOSING IS AROUND 1490.25 WE NOW SEE A BEARISH DIVERGENCE I.E THE HDFC BANK WOULD MOVE DOWNWARDS TOMORROW . I WOULD AVOID ANY BUY TOMORROW , WE MAY NOOTICE REVERSAL NOW .
SHARING MY POSTION AS WELL FOR TOMORROW .
I AM BEARISH ON HDFC BANK AND BANK NIFTY AS WELL.
LAST TWO IDEAS WERE PIN POINT RIGHT
Note
SO FAR THINGS ARE GOING GREAT 1476 IS EXPECTED TARGETNote
*1478Trade closed: target reached
Made a low 1478
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