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Sarthak_Singh
Mar 15, 2021 4:06 PM

Institutional Buying & Selling 

HDFC BANKNSE

Description

Every Institution has an edge around its price levels, which means they can dominate the trend from that level.

We can clearly notice how buyers are getting weak around the selling zone making exhaustion candles and sellers getting weak around buying zone doing the same.

Usually, in range trading, we trade the breakout of the range in whichever direction the stock moves. But here we can also trade the range as the buyers have entered the stock.

We can place a target of 2% with an SL of 1% making it 1:2 RR Trade.
Comments
Shravnd
today made same resistance level
Sarthak_Singh
@Shravnd, Yes, now try to reason out why did it happen? Where the market might be heading next from here.
Shravnd
@Sarthak_Singh, Next coming up move from here. HDFC bullish from now
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