HDFCBANK has been respecting the neckline for a couple of months. AFter making a big leg up, its back in the reversal /breakout zone making Hammers and Dojis in the end.
Hi Again, Great Analysis but some future course of action / direction will be helpful to understand in detail.
If you mention more details and it cane be new learners like me :)
Einstein15
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@Kunal84, Thanks, I agree compared to other charts this dosent hv much details.I'll try to add more. BUt aagain, my aim is to bring the levels to notice, how one trades it is upto the individual.Like how one trades the breakout/reverasal is upto them.also finding sup/res on their desired timeframes. ALso it depends on trade duration, amount, quantity, risk appetite time frame etc.
If you mention more details and it cane be new learners like me :)