HDFC Bank

١٨ أغسطس ٢٠٢٠

As shared in yesterday's idea, HDFC gave a good bullish movement today... As discussed earlier, SL was 1020 and HDFC opened at 1028 and went down till 1022 (day's low) ... This pullback was an ideal buying opportunity for today ... From 1022, it was a pure impulsive wave till it attained day's high of 1061, a move of approximately 40 points ... Long term view on HDFC bank is still bullish and targets remain same as marked on chart ... However for tomorrow, expecting a minor pullback/ correction, maximum till the support zone as marked on the chart .. This pullback will be a good opportunity to take long position.
Please note that the views expressed by me are purely personal and are to be used for educational purpose only and not by any means to be used a guide for trading instruments