NSE:HDFCBANK is taking a breather on its 200-weekly moving average – the go-to spot for top-notch stocks when they are feeling low. Good stock generally rest, refresh, recharge and come back with a vengeance from this level.
This is a special zone – also called the Iron Gate or the Citadel. Only twice in history has HDFC Bank hung out in this zone (2008,...
Dear Friends,
This is an excellent set up with a limited downside.
The Risk Reward ratio is beautiful
Remember to follow the rules if you plan to take the trade!
