HDFCBANK | Reversal from Trendline + 200 EMA support - 15% plus

2 thg 12, 2021

HDFCBANK | Reversal from Trendline + 200 EMA support - Looks potential for 15% plus

CMP : 1525 (Dip : 1480)
SL : 1390
Target : 1730

Almost 1:3 risk reward setup

• The advantage with TCS, HDFCBANK, RELIANCE kind of stocks is they move genuinely
  Some bad trades are allowed, we won't go broke by holding
  Can allocate little above our usual allocation.
  These comforts are applicable only for cash market not for F&O 😃