rekhi567

HDFC Bank - How to trade today

NSE:HDFCBANK   HDFC BANK
IMPORTANT: ON SATURDAY THERE IS A SPECIAL TRADING SESSION. PLEASE DONOT TAKE DELIVERY OF ANY STOCK TODAY AS THINGS CAN GO WAYWARDS AS YOU SAW ON LAST SPECIAL SESSION WHEN RAM MANDIR WAS INAGORATED IN AYODHAYA. EXIT ALL YOUR POSITIONS TODAY AS PER TODAY'S NOTES AND REENTER ON MONDAY. DONOT BE GREEDY AT ALL.

NOW HOW TO TRADE TODAY:
I HAVE REPEATED HERE WHATEVER IS WRITTEN ON THE CHART FOR THE PURPOSE OF EASY READING.

1. Major support is1397.65. Major Resistance at 1425.
Both have been marked by white horizontal lines.

2. In between these two lines there is a red horizontal line at 1421.05.
This stock price cannot go higher up unless this is breached.

3. Willem's R% is in buying zone.

4. Price Levels 1415, 1419.4, 1422, 1424

5. 2-29-24 1:16 PM candle provided base for the stock low of and high of 1404.4 and 1405.7.

6. Today's important candle is 3-1-24 11:27 AM, buy above high of this candle and sell below.

Disclaimer:
I am not a SEBI Registered Analyst and it is only for educational purposes.

Let you grow. May! I follow you.

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