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HDFC to Bounce soon :)
Correction may get over as the price is near a mid term ascending trendline supporting the Higher Top Higher Bottom formation of HDFC,
In the short term view on 30min Time Frame it has made tripple bottom which is quite supporting with our bullish bias and on RSI & MACD bullish Divergence can be seen!
Entry1: Enter at the current levels putting Sl Below the mid term trendline
Entry2: Breakout of the correction Channel Pattern
Sl: Risk must be less than 3% based on the setup (Adjust your own)
-Rv The Trader
In the short term view on 30min Time Frame it has made tripple bottom which is quite supporting with our bullish bias and on RSI & MACD bullish Divergence can be seen!
Entry1: Enter at the current levels putting Sl Below the mid term trendline
Entry2: Breakout of the correction Channel Pattern
Sl: Risk must be less than 3% based on the setup (Adjust your own)
-Rv The Trader
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