📌It can Reverse From CMP As Well, but if activate pattern then that would be good for healthy up move.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should...
1) On 1 day time frame, it took good support from 21DMA and closed above critical level 2800.
Please refer below chart : 1day Time Frame.
Trade Setup for Date 18-10-2021:
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...
EXPLANATION : This is a 15 Min time frame chart of HDFC , It has formed Cup & Handle Pattern // Swing Pattern , No trading zone marked in chart .
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HDFC Ltd is currently going long in a channel and creating round bottom pattern as well and today closed near support area and it will be pushed from this area tomorrow towards upward direction and will be trending tomorrow targets are 2600, 2625, 2650 and in long term it is gona touch 2900-3000 levels by the end of this month
Contact for any other...
Get ready for the Blast in HDFC it is showing its breakout on every time frame (Daily, Weekly or Monthly) Grab this opportunity anytime it can give a sharp up move then its better to grab than regretting later.