HDFC Bank Dark Horse of Nifty trading at Important Levels (?)
HDFC bank the dark horse of Nifty and Sensex is trading at important levels
Stock is trading at lowest level of parallel channel if it doesn’t break the channel towards downwards the stock has a capacity to move till 960 levels
As Per Fibonacci retracement level stock is already retraced till 61.80 % if lower further it can max retraced till 854 which is possible if it breaks the lower channel
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Pls consult your financial advisor before investing in any of the financial instruments
Stock is trading at lowest level of parallel channel if it doesn’t break the channel towards downwards the stock has a capacity to move till 960 levels
As Per Fibonacci retracement level stock is already retraced till 61.80 % if lower further it can max retraced till 854 which is possible if it breaks the lower channel
Disclaimer
-----------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Pls consult your financial advisor before investing in any of the financial instruments
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