NSE:HDFCBANK
Observations:
1) On 15min Time frame, we can see it gave breakout of resistance trendline.
Please refer below chart : 15min time frame.
Also we can see that range of 1330-1335 will be a neutral range if price is trading above it then it will be provide support and if price is below it then it will work as resistance.
Please refer below...
NSE:HDFCBANK
Trade Setup for 13-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up...
![HDFCBANK: Simple Trade Setup | HDFCBANK | 23-05-2022 [INTRADAY]](https://s3.tradingview.com/8/8R8ODm6O_mid.png "Simple Trade Setup | HDFCBANK | 23-05-2022 [INTRADAY]")
![HDFCBANK: Simple Trade Setup | HDFCBANK | 13-04-2022 [INTRADAY]](https://s3.tradingview.com/0/0Uena5FL_mid.png "Simple Trade Setup | HDFCBANK | 13-04-2022 [INTRADAY]")