Everything mention on chart.
A very risky trade. Buy above 160 with a stop loss of 145. Targets 175 190.
Go long at Cmp with a stoploss of 250. Target - 264 269 274 279 284.
Buy at cmp stop loss -248 Target - 259 264 270.
If it is a correct signal then hdfc can correct upto 1600-1450.
A strong close will lead it to 380 - 400.
Decide as per your need. For daytrader buy above 1915 Sl-1880. Target- 1935 1955 1975.
As it sees it forms a descending triangle in 30 in time frame + volume + rsi + at a fib .38% level on a daily chart + having long trend line support as well. For Day trader - Buy above 219 stop loss 216 TARGET- 222 224 228. For other trader- buy above 220 stop loss 205 TARGET- 230 240 250. In a case of downward breakout initiate buying in the range 206-211 stop...