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shaumitagarwal
Dec 15, 2020 6:07 AM

HDFCBANK shorting opportunity/ Call selling Short

HDFC BANKNSE

Description

Market has been overbought for a while now and greed is high
Head and shoulders pattern formation on 4H and 1D charts can been seen
Enter after a 4H candle close below 1358
I would prefer selling OTM call options

Targets: 1300 | 1245
Stoploss: 1412
Call option sellers can hold till expiry
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