HOUSING DEVELOPMENT FINANCE CO BSE:​HDFC

Red zone is near you.

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PERFECT | RISE ON | FALL ON

HDFC LTD trading at spot price of 1920.05 as on 21st Aug 2018. After reaching its 52 week high around 2050 levels on 30th July 2018, the stock made a strong pullback and then firstly took support at EMA 50. Post that, a short bounce has been seen which is not well sustained and the price dragged towards below 100 EMA and made a low of 1881 on 17th Aug 2018. On...

We can wait for the prices to come to the entry point and then we can enter the trade after bullish candle near the Entry Level :) KEEP IT SIMPLE, KEEP IT UNIQUE :) HAPPY TRADING :) HAPPY PROFIT MAKING :)

As chart suggests Triangle Breakout is possible, continuous negative (RSI - Price) divergence might turn Bearish breakout. If RSI ranges 40-60, trade sideways. Most probably scrip will remain in range. Strategy - Sell High - Buy Low. Stop-loss : Above Resistance Level with calculated risk. Target: Above Support Level favoring money management(Risk-Reward)...

The stock has broken out of an upward sloping triangle with good volumes. The shooting star at trendline and bollinger band resistance is followed by a red candle will lead to a pullback to the breakout resistance (now support) giving us an opportunity to buy. The RSI's overbought signal indicates the same. A very great stock, also considering the pressure on PSU...

We can short hdfc at cmp of 1244 with a sl at 1260 for target 1198 and below in the next 3 trading sessions.