HDFC LTD Rising Volume, Falling Price Buy Only Above Day Close 2867 Sell Only Below Day Close 2697 Sell If Price Open Below 2697
NSE:HDFC Observations: 1) On daily time frame, it has been taking support from 10DMA and today it gave good movement from 10DMA and made bullish candle. As far as it is above 10DMA it has chance to move above again. 10DMA is placed at 2911.09 Please refer below chart : 1 day Time Frame. 2) On 15min time frame, we can see that it is taking support from...
NSE:HDFC Trade Setup for Date 22-10-2021: 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...
NSE:HDFC Observations: 1)On 1hr time frame, it is making descending triangle pattern, in which it is making lower highs but keep on taking support from 2735-2740 level range. Please refer below chart : 1hr time frame. 2) Also on 1hr time frame, if it continuous to complete double bottom pattern then it will be a good buy once it test the 2780-2782...
All levels clearly marked on chart kindly refer those for understanding and logic behind shorting HDFC Looks weak if HDFC moves below 2510 levels for further downside.
HDFC has completed the impulsive move and is likely to top out at 2750. Only when break the trend line, correction would be confirmed.
INTRADAY TRADE IN HDFC FUTURES SHORT@1733(LIMIT ORDER) STOP@1753 TARGET@1703 QTY=300 !!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!! !!TRADE ACCORDING TO YOUR RISK PROFILE!! !!HAPPY TRADING!! !!PLEASE LEAVE LIKE!! !!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!