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HDFCLIFE

HDFC BANKWait 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 pullback. 6. Don’t chase the market. 7. Don’t fight the market. 8. Even in the strongest trends there should be some retracement. 9. The closer the market is to the trendline, the better the risk/reward ratio is. 10. Use ADX to determine the strength of the trend. 11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy 12. Hold trades longer in a strong trend. 13. Wait for confirmation of a trendline breaking before reversing position. 14. Know where the Support levels are. 15. Place stops outside the Support levels. Thank You..
NSE:HDFCBANKLong
by Rvkachhadiya
HDFC LIFE HarmonicHDFC LIFE is in a critical stage. In DTF after a sharp correction it has stopped making new low and started higher low formation. In last 4 days it has gone through a major correction. If it closes below 537 in DTF then ABCD will be activated and it can correct upto 501–495, which could be a good point to go long for the stock. RSI in DTF is close to the 40 mark support indicating a strong bounce back. In that case XABCD will be activated and the first target is 617 and second target is 690.
NSE:HDFCLIFE
by debabratamath