Short

Updated

HDFC BANK | Price Rejection from ATH

The price continuously rejected from level of Rs 1700 and currently hovering around EMA 200.

Short Trade can be initiate as price fall below Rs 1548 with target of Rs 1400 and stop loss at Rs 1620 (Risk Reward 1:2)

Thanks
-AJ

Note

level of Rs 1700 - key resistance, rejection at that level will give a good shorting opportunity.

Trade closed manually

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Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.