Ready for BOUNCE?? Long

NSE:HDFCLIFE1D

HDFC LIFE INSURANCNSE

Description

⋅ Aug 12, 2018 6:10 AM

Expecting a bounce back frm Support @ 463

Comment

⋅ Aug 13, 2018 10:01 AM

Maintaining grounds.. will definitely bounceback, lets see when

Comment

⋅ Aug 14, 2018 4:52 PM

As expected, trying to bounce but sellers still have some energy left. wait for bounce with high volume before initiating positions

Support and Resistance Double Top or Bottom

Comments

pactowin

⋅ Sep 18, 2018 10:28 AM

Why didn't it go up ??
Was it because of strong bearish momentum..?

akc_trading

⋅ Sep 18, 2018 10:52 AM

@pactowin, IT was holding 460 level instead of bounce. It was indication that it may move down and after that 3rd sept fall started hence it went down which was expected.

pactowin

⋅ Sep 18, 2018 11:00 AM

@sassy_ankit, yeah and i just noticed that majority of the candles had higher upper wicks at the level