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dravya
Mar 21, 2017 4:24 PM

HDIL - TRIPLE TOP 

HOUSING DEVELOPMENNSE

Description

The stock has shown good strength with a steep rising angle.

Now it has come to the level where it will face 2nd resistance ( the 1st one it crossed by a gap up on the second attempt )

Here, again it will face pressure, look out whenever it breaks out convincingly and go long.

Go to lower timeframes if you're a short-term trader.

Comment

A broader look :

Comment

As anticipated yesterday, facing resistance at the blue line.

Comment

23 March : Inside bar Narrow Range 4 Setup : take the direction the candle extremes are broken.

Comment

CMP _ 78.4
Will go long at 78.8
SL - 78.1
Comments
RaghuveerMunipalli
Nice Technical Analysis.
dravya
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