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srinivash c g posted an update 8 years, 8 months ago
HDFC Bearish below 1200
An INVERTED CUP AND HANDLE pattern with notable volume is seen in HDFC from may to august .
Entry – 1190
Target – 1025
Stop loss – 1280 (for High Risk Traders Stop loss is 1385)
Thanks for posting your views. But I could view this cup is almost filled. And the recent volume acknowledges the cup termination. Hence I could see this as beginning of new bullish trend. Trade plan buy above 1220 stoploss below 1100 Target 1350