Long
HDFC, 1h

$NSE:HDFC
AS PER THE TECHNICAL INDICATOR, POSITIVE DIVERGENCE IS SEEN ON RSI ON 1 HR CHART.
IF THE PRICE BREAKS THE DOWNTREND LINE ON THE UPPER SIDE AND SUSTAINS, WE WILL FIND LONG OPPORTUNITY FOR TARGETS OF 1693-1708-1725.
IF STOCKS FAILS TO BREAK THE TRENDLINE ON UPPER SIDE AND STARTS MOVING DOWNWARD, WE SHOULD FIND SHORTING OPPORTUNITY FOR BELOW 1640 FOR TARGETS OF 1625-1610-1595-1570
#INTRADAY
#POSITIONAL
AS PER THE TECHNICAL INDICATOR, POSITIVE DIVERGENCE IS SEEN ON RSI ON 1 HR CHART.
IF THE PRICE BREAKS THE DOWNTREND LINE ON THE UPPER SIDE AND SUSTAINS, WE WILL FIND LONG OPPORTUNITY FOR TARGETS OF 1693-1708-1725.
IF STOCKS FAILS TO BREAK THE TRENDLINE ON UPPER SIDE AND STARTS MOVING DOWNWARD, WE SHOULD FIND SHORTING OPPORTUNITY FOR BELOW 1640 FOR TARGETS OF 1625-1610-1595-1570
#INTRADAY
#POSITIONAL
Note
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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.