HDFC - Good position to add - Swing/Inestment
It is rightly said - While looking for the next HDFC, don't forget the original one.
The above analysis is done purely on basis of Price Action & Chart Patterns. The logic behind this is mentioned in the image itself.
I am not mentioning any levels for entry or SL or Target. Reason behind that - Its neither too early nor too late to enter a stock like HDFC. Traders may take advantage of this analysis in short term trading or investment as per their own study and capacity.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
The above analysis is done purely on basis of Price Action & Chart Patterns. The logic behind this is mentioned in the image itself.
I am not mentioning any levels for entry or SL or Target. Reason behind that - Its neither too early nor too late to enter a stock like HDFC. Traders may take advantage of this analysis in short term trading or investment as per their own study and capacity.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Penafian
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