HDFCBANK has single handedly held on banknifty so far in its run up, here is a sitaution where it marked a higher high and moved back within the range, provides a low risk contrarian trade opportunity.
can go quite ugly otherwise knowing what's its doing, still worth the try :)
turnaround if it happens in this, could also be a leading indicator on things to come in banknifty in coming sessions
can go quite ugly otherwise knowing what's its doing, still worth the try :)
turnaround if it happens in this, could also be a leading indicator on things to come in banknifty in coming sessions
Comment:
Morning low exactly made @ the target zones, should trail some quantity here with 2185 SL for lower levels , the results are a trigger but technical s suggested well in advance.