HDFC bank | Trendline Breakdown 🎯⭕ Swing Trading opportunity ! 4hr Chart Alert !!!⭕
--short below =1429 or CMP
--Target = 1397 | 1358
--Stop-loss = 1465
--R:R =1.49
--Expected Profit = (5% )
--Expected Holding = 15 days only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) hdfc bank has given the breakdown of trendline & support & 50ems as well
2) doji candlestick pattern & big bearish candle running
3) volumes is also decent
4) rsi divergence strategy applied
Guys check out the related ideas as well, it will work really well GUARANTEED !
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