HDFC good short candidate
Updated
HDFC LTD spot CMP 2272.
Bearish BAT pattern formation
Bearish Alternate 1.618AB = CD pattern formation
PRZ in range 2368 to 2424 zone
Pattern violation above 2450 once sustain above this levels for 15 mins
Down side 2200--2100-2000 possible
RSI bearish divergence :- price making higher high and RSI making lower high
Bearish BAT pattern formation
Bearish Alternate 1.618AB = CD pattern formation
PRZ in range 2368 to 2424 zone
Pattern violation above 2450 once sustain above this levels for 15 mins
Down side 2200--2100-2000 possible
RSI bearish divergence :- price making higher high and RSI making lower high
Trade active
HDFC COUNTER made high of 2380 ,sell call was active,,now trading around 2235 levels,, around first tragets keep booking and trailing as per comfort.. 140 point down
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