NSE:HDFCBANK
Observation:
1) On Daily Time Frame, It made good green candle after such big gap down. And closed above 1510 level as well as it took support from 50DMA.
Please refer Chart below: Daily time frame.
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Trade Setup for Date 23-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get...
NSE:HDFCBANK
Simple Trade Setup for HDFCBANK.
today now it again came in the same Zone.
Target and levels mentioned on the chart and hope it is easy to understand.
My personal view is bullish.
Do comment your doubt or suggestion.
All the best for tomorrow.
NSE:HDFCBANK
Mentioned levels and chart are easy to understand.
I have provided only safe side trade setup.
My personal view is bullish for HDFCBANK.
Do comment your doubt or suggestion.
∘ Bank sector moves Improving to Leading ( RRG )
∘ Strong Resistance over here multiple times taking Rejection
Note : Always be extra cautious with breakout trade with confirmation .
What Is A Cup And Handle?
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading...
∘ Levels for 02 Aug 2021
∘ Hdfcbank moves in Range last 2-3 days marked as No Trading Zone
∘ 50 Ema Support in 15 Min Time Frame
∘ If zone Break always wait for Retest for Priceaction Resistance become Support either Support become Resistance
Tip : Plan your trade , Trade your plan .
HDFC Bank - Short
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**Disclaimer:
I am NOT a SEBI registered consultant/Advisor. It is completely my view and opinion.
My intention is not to...
