NSE:HDFCAMC
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ,...
NSE:HDFCAMC
Observations:
1) On 1 week time frame, we can see that immediate resistance level is at 2400 and immediate major support is at 2250-2256 level range.
Please refer below chart : 1 week Time Frame.
2) On Daily time frame, it is still trading below 200 and 400DMA.
Please refer below chart : 1 day Time Frame. ...
![HDFCAMC: Simple Trade Setup | HDFCAMC | 27-12-2021 [ INTRADAY]](https://s3.tradingview.com/i/iyErXZjM_mid.png "Simple Trade Setup | HDFCAMC | 27-12-2021 [ INTRADAY]")
