NSE:HDFC
Observations:
1) On 1hr time frame, we can see that it gave breakout of channel resistance and it below the range of 2750-2765.
Breakout of this range can give up move.
Please refer below chart : 1hr Time Frame.
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Trade Setup for 13-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it...
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
It has been trading in that zone since last 3 days. And today it closed below 2665.
Keep RSI indicator in watch. If it break out the 2668/2670 level and RSI also breakout that trendline then we can see an upmove in the stock and it will be a quick trade for buy side.
All other targets and levels are mentioned on the charts. Hope it is easy to...
NSE:HDFC
Simple Trade setup with levels for HDFC on 11-08-2021.
Levels and chart is easy to understand. Based on your skills and experience you can take trade on either side. If you are beginner then better to go with safe trade on breakout or breakdown of levels.
Further on daily time frame, it has tested it's previous resistance as well as breakout level...
![HDFC: Simple Trade Setup | HDFC | 13-01-2022 [INTRADAY]](https://s3.tradingview.com/f/Fz9bv35n_mid.png "Simple Trade Setup | HDFC | 13-01-2022 [INTRADAY]")
![HDFC: Simple Trade Setup | HDFC | 22-10-2021 [INTRADAY]](https://s3.tradingview.com/y/yt2q7qoo_mid.png "Simple Trade Setup | HDFC | 22-10-2021 [INTRADAY]")
