HDFC closed above its struggle zone of 875-890. Many times it has tested this zone in past 2 months to breakdown or breakout. If it manages to stay above 907 on morning og 28 May, buy for target of 920 and then 940. 30 Day EMA is at 907, pls create position only above this.
Comment:
1st Target achieved, Book full profit
Trade closed: target reached:
For Second target of 940 keep riding with SL of 910.
Comment:
930;achieved, move SL to 922
Comment:
Book full profit around 934
Trade closed: target reached
Comment:
Hdfcbank, what a move target given 940, current price 939.40, move of 44 points. Brave traders book all profit.
Comment:
Our other call on Maruti gave 108 points. Check it out
Trade closed manually:
HDFCBank final high of 950. Close any positions if any. Enjoy.