HDFCBANK, NIFTY, INDIAN Equity/Index Long

HDFC BANK FUTURESNSE

Description

⋅ Sep 16, 2023 1:08 PM

Expanding Wedge(bearish) on Weekly Charts but resistance is far away Showed in Blue line.

Descending Wedge (Bullish) on Daily Charts.

Volume on Daily Charts also suggesting Bullishness even weekly Volumes are good.

System has good Risk Reward Ratio

Cheers

Comments

broly_

⋅ Sep 16, 2023 1:16 PM

hlo brother I brought hdfc bank at 1595. should I wait for 1700 mark or book profit at this level bcoz I saw 74% of massive delivery at resistance. will it fall or rise more up

index_tiger

⋅ Sep 16, 2023 1:31 PM

@broly_, This Can go 1700 levels and above depending upon NIFTY( being No.1 Stock in INDEX). Trail stop losses is all I Can say