HDFC BANK - Buy on dips strategy

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PCR - bullish; OC looks bullish; Structure +ve
Next hurdle is 200 DEMA. Currently trading within a channel. Good buying interest observed during last few days. It needs to retrace to accumulate more orders to gain momentum. Target would be to accumulate as it dips down. If it violates buying zone then it goes below 945 then it might reverse.
Seen increase in % of delivery qty. Huge delivery was taken on 25th June. The selling zone will act as a resistance in future but probability is to go up is high.
* This chart is only for educational purpose.
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On the move!
Đóng lệnh: đạt mục tiêu
Initial Target achieved.
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Next target achieved. Trail SL.
Chart PatternseducationalTrend Analysis

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