Since Nov’21, the stock is in down trend, forming lower tops and bottoms With current close, the stock has violated its five months “multiple support zone” (2670) on a closing basis Rising volumes at breakdown zone Nimplies increased participation The stock is sustaining below its 20, 50 and 100 as well 200 Day SMA which reconfirms bearish sentiments ahead. The...
HDFC Bearish Concentrate for STBT if price sustain below 2613
HDFC is looking good at 2768 price. Disclaimer - Only for educational purpose.
HDFC share form a W pattern in day chart as its taken support around 2400 & had break out around 2500. Currently trading at 2800 so also taking support at small trade line as show in the chart, it can go for 3000 for next target. Please trade on your own risk, this analysis just for study purpose.
HDFC has given pole 7 flag breakout on weekly charts. Buy around 2500-2600 for target of 3800 in 2 years SL:2410 Potential Upside: 45%
a very good breakout it can give further upmove in the coming days
inverted flag formation
Target and direction mentioned in stock . Please like ,share and subscribe if you like the idea. @Note : For practice purpose only , refer to your stock broker before implementing
the call writing is now shifted to 1800 with high OI. The 20 and 200 day moving average is converging at these levels last see in 2009 and 2015. Now we see strong support at 1720 which corresponds to 23.6 percent fibb levels. If it comes close to these levels take a strict stop near 1705 and risk reward is favorable for this trade and also depends on how the...
but when it break 1906 and the resistance line became a support line then i will go long...
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. August Series Option can be traded. Wait for entry setup, if available then Long/short. Reward is 8-10 Times
Buy at CMP: Target - 1850, Stop Loss - 1750 Rs. The stock is trading in a certain channel. RSI is indicating a positive momentum.