forming a ascending triangle into a major resistance its been long hdfc playing in these price ranges now accumalation can be seen arounf these price levels so high probability for a big move i'm bullish
hi.. thanks for the analysis. Do you see this achieving in near term or for long term?
tradengineer007
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@importedSeagul87160, considering its movement this could be achieved in short term
importedSeagul87160
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@tradengineer007, thanks.. i also have the same opinion.. already entered for June position. do you see this as a good deal?
tradengineer007
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@importedSeagul87160, 2530 should now act as a support ..if it does ..it could be a good deal...lets see this weeks closing then it could probably clear
importedSeagul87160
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@tradengineer007, hi.. do you think it can reach 2800 before this month expiry? today also market rallied but this lagging..
tradengineer007
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@importedSeagul87160, average price movement of hdfc is around 2% (daily) in a good bullish run
if so an opening or price above 2600 and a good bull run..2800 can be achieved