HDFC Bank is trading above it's Major Supply Zone @ 1000-1020.
If it will manage to sustain above this zone then It may test it's next Supply Zones (Please find the Supply Zones in the Chart).
It will be more strong above 1060.
In the 1000 to 1060 range I may sell 1000 put for JUL Exp and Once it will sustain above 1060 I may buy a Fut as a positional trade.
I will update this post once I will take a trade.
Thank X :)
If it will manage to sustain above this zone then It may test it's next Supply Zones (Please find the Supply Zones in the Chart).
It will be more strong above 1060.
In the 1000 to 1060 range I may sell 1000 put for JUL Exp and Once it will sustain above 1060 I may buy a Fut as a positional trade.
I will update this post once I will take a trade.
Thank X :)
Order cancelled:
Not able to move above 1060...
Comment:
Above 1060...1st target done
Comment:
HDFC Bank Next tg will be minimum 1120....It may outperform
Comment:
Sold 1040 Put @ 30
Comment:
BOUGHT FUT @ 1090 SL 1075 --- ONE TRADE IS FOR INTRADAY (MAY BE I WILL CARRY THIS TRADE FOR TOMORROW)....ONE TRADE AS A POSITIONAL TRADE....MY FIANL TARGET IS 1220-1250...
