HDFC BREAKOUT ABOVE DESCENDING CHANNEL.PRICE AT SUPPORT.
(POSITIONAL TRADE) ANALYSIS BASED ON TRENDLINES ALONG WITH PRICE ACTION.TRADE IS RISKY.
1. Breakout above descending channel with good volume.
2. Price at support.
3. Take long on break of previous day high.
4. Resistance zone can be used as targets.
1. Breakout above descending channel with good volume.
2. Price at support.
3. Take long on break of previous day high.
4. Resistance zone can be used as targets.
Order cancelled:
Trade didn't triggered as price didn't breached day high(2171.25)