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Sunday 10 October 2021

HDFC Bank

Hello friends & readers,

Last's week call on SWSolar has started showing its effects. Last week the counter made the low of 387. And our recommended zone was 390 to 411. The counter jumped from 390 and made the high of 444. Keep on accumulating this counter as this counter can give 3X to 5X returns. 

Now for this week keep an eye on HDFC Bank

1.) Time & Price are going to get squared in this counter @ 1601.

2.) Two Gann angles are intersecting each other at 1601.

3.) Gann Perfect Square is standing at 1601.

4.) From one past point Price range is squaring at 1596 & 1603

5.) Previous resistance stands at 1598.

6.) Gann retracements lvl is standing at 1600.

So, the important price window to watch is 1603 to 1595.

And, an important time window to watch is 11/10 & 12/10

important support levels are 1582, 1565, 1551, 1528.

important resistance lvls are 1641, 1681, 1723, 1765, 1807, 1849.

** Always look for price action near the mentioned levels. Stoploss must be small. There must be no biasedness while taking the trade. 

Happy Trading :) 



*This analysis is shared only for educational purposes. I am not registered with SEBI, so consult your financial advisor before making any decision.

 Please also read the detailed Disclaimer mentioned on the Right Side of the Blog.

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