HDFCBANK
Observation:
1) On Daily Time Frame, It made good green candle after such big gap down. And closed above 1510 level as well as it took support from 50DMA.
Please refer Chart below: Daily time frame.
-------------------------------------
Trade Setup for Date 23-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and target w.r.t price action working near that level on Monday.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Trade active:
Hope you are having good profit
Hope you are having good profit
Trade closed: target reached:
hope you had good trade
hope you had good trade
