Bearish Wedge forming at HDFC Life

2 Hour chart shows a bearish wedge forming after a downtrend.
540 would be a good time to sell.

تعليق:

Turns out the bearish wedge was true. If anyone went short at 530, you can reap profit at 410. Unfortunately, my broker does not allow short selling. Therefore I booked profits at 525.

تعليق:

Turns out price fell to 465. Now we are seeing a bullish pennant.
Buy when price crosses 522, for a target of 594.
Stop loss at 495.