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