Long
HDFC
On hourly chart
1. Taking support near marked zone.
2. Tried breaking the trendline (Rectangle marked) but came down with Nifty under pressure.
HDFC is roaming around the support zone. Any confirmation of sustained break of trendline is a good chance to enter for a swing long position.
Remember nifty is extremely volatile in March so make sure to follow price action.
This is just for an educational purpose.
1. Taking support near marked zone.
2. Tried breaking the trendline (Rectangle marked) but came down with Nifty under pressure.
HDFC is roaming around the support zone. Any confirmation of sustained break of trendline is a good chance to enter for a swing long position.
Remember nifty is extremely volatile in March so make sure to follow price action.
This is just for an educational purpose.
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.
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.