Foundation: HDFC Bank is one of the flagship companies of India and has been considered as one of the few institution of national importance by Govt. of India. It is also one of the leading private bank in the country. Technical: 1. If we use Anchored VWAP(@23-03-2020) on weekly timeframe on the price chart of this stock, we will notice that price took...
This Stock has taken a good retracement of 61.8% and now it is sustaining at the said level. I am expecting it to come down further to 368-370 range where I am planning to enter if it shows some sign of bullishness on daily timeframe with a supportive global markets scenario. I would have SL for this trade @357 and expected targets would be 411..445..479..500..
US100 has created a lower low below 14976 on 6th July, in an continuing uptrend and now retested the fib. retracement level before reversing and start a DOWNTREND. Thus, prepare yourself in advance and maintain your positions tight. Good Luck
Titan at imp fib level and formed high volume doji candle; RSI divergence on daily timeframe; correction is expected if unable to sustain above 3049