(Intraday) Buy! HDFC BANK

1. As I mentioned in my previous study, The price took the reversal after the 50% retracement.

2. On drawing, ABCD Pattern; As the extension to the previous level.

3. Lets find the reversal level with the D Point

if D=1; Double Top Formation Price:1128
if D=1.28; reversal level Price:1153

4. Previous day volume was really good on green candle.

BUY ABOVE 1110 Target: 1117.70 , 1122.30 Stop Loss: 1104

IF YOU LOVE OUR STUDY PLEASE LIKE THE STUDY AND IF YOU WANT MORE STUDY FROM MY SIDE PLEASE FOLLOW MY PROFILE.

PLEASE DONATE ANY AMOUNT FOR A SOCIAL RESPONSIBILITY CAUSE :
UPI PAYMENT: bpower@upi

Thanking You.

Regards,
Gaurav Bajaj
Mobile:[phone]

Commento:

Warning: Hanging Man formation on Weekly Chart. Please watch out

Trade chiuso: obiettivo raggiunto:

All target reached in Pre Open