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ninja_shenoy
Jul 8, 2020 12:21 AM

HDFC bank: Trade setup for 8th July 2020  

HDFC BANKNSE

Description

Buy: 1100-1105
Stop: 1092
Wait for price action to confirm

Bearish below 1090

Incase of gap up wait for price to retrace/Incase of gap down as long as 1090 is not breached can initiate longs.
Do not chase the market.

***************
Fundamental truth of the markets
1. Any thing can happen
2. Every moment is unique
3. I don't need to know what the market is going to do next to make money
4. You'r edge is defined over a series of trades not on a trade on trade basis
---------- Mark Douglas

Trade active

Long @ 1112
Stop @ 1090
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