HDFC bank | Trendline Breakdown 🎯

⭕ Swing Trading opportunity ! 4hr Chart Alert !!!⭕

--short below =1429 or CMP
--Target = 1397 | 1358
--Stop-loss = 1465
--R:R =1.49
--Expected Profit = (5% )
--Expected Holding = 15 days only

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) hdfc bank has given the breakdown of trendline & support & 50ems as well
2) doji candlestick pattern & big bearish candle running
3) volumes is also decent
4) rsi divergence strategy applied

Guys check out the related ideas as well, it will work really well GUARANTEED !

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Trade active:

stock moved 1.60 % ( 9k+ profit per lot ) in our favor

Trade closed: target reached:

1st Target is achieved SAFE book fully , rest modify SL to cost

sold @ 1429.30
booked @ 13872
pints earned =56
Lot Size = 550
PROFIT booked per lot = 30,800 (4 %)

Trade closed: target reached:

All targets done

sold @ 1429.30
booked @ 1358
pints earned =71
Lot Size = 550
PROFIT booked per lot = 39,000 ( 5 %)

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