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HDFC Hidden Divergence

49
HDFC has made lower highs and stochastic is making new high, this shows hidden bearish divergence, plus HDFC is also near its resistence zone, so one should avoid going long rather short it using at the money put option
Trade closed: stop reached
dhavaltrade
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Chart PatternsTechnical Indicators

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Chart PatternsTechnical Indicators
dhavaltrade
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.