short on retracement for a target around 460. The risk reward ratio is good
details in chart if you like it follow me and share
DETAILS IN CHART IF YOU LIKE IT FOLLOW ME AND LIKE AND SHARE ...
buy above 550 short term tgt 600 sl 470.. mid term tgt 685 and long term tgt 900.
buy above 430 for the target as mention on fibo
WEEKLY BREAKDOWN NOT ABLE TO CROSS RESISTANCE TRENDLINE.. SO SHORT BELOW 1795 FOR 1620 and for investment one can buy at 1620.
HDFC BANK SUPPORT AROUND 1305 AND 1220. RESISTANCE AROUND 1520
yellow line pretending to be a resistance Resistance placed at 635 go long if Weekly close above 635 +.
So basically in the monthly chart, I draw a trendline that touches 2000 and 2008 and that trendline is now near to 13750-13870. So maybe this can be an again hurdle for nifty. So If you like the logic, please Like. Thanks Naman Sonkhiya
So basically this is a good setup for short term view investment you can earn 10 to 20% return easily. The buying level is above 145 and the selling level is 155, 163,170,183,200, 213 with a Stop loss of 120.