Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
Buy HDFC 2220 CE for July month Expiry, If it is sustain above 2220 in 1 HOUR Chart.
Risk Reward Ratio is Good in this Trade set up.
Have Strict Stoploss and Exit if Price breaches 2220
Price has shifted bullish weeks back but has yet to retest some demand zones.
It may not come back for retests but if it does, high RR trades are a given (refer to Tatamotors idea)
Stophunts just prior to the demand zone formations marked in color green add probability.
Note that the zones have been refined based on lower timeframes.
When price touches the...
HDFC giving a breakout from consolidation and looks good to test 2440 levels on the upside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
HDFC LIFE is a blue chip company and market leader in LIFE Insurance sector, specifically Term Life insurance. As retail investors increase in Indian equity, they realize it is better to keep life insurance and investments different hence they would choose Term life over Endowment and ULIP plans. This company would be a huge beneficiary of this consumer behavior...
HDFC is near Long term support zoneIf support zone works then here we can see some pull back.
Pull back can go 2355 take SL 2080
Trading time frame should be 2 weeks.
As broader market breadth is downside so do proper hedge your position so that minimum loss can be there.
Beautiful setup formation happened during Intraday in HDFC AMC.
When confluence of all happens on pull back... its time for big boom...!!!
Watch, Wait, Eagle Hunt...Repeat !!!
One Trade... One Kill !!!
