Short
HDFC Looks very bearish on Chart for short term
I am looking for a breakout and will trigger trade after confirmation as it is already fallen very much.
Keep eye on volume formation as the volume are more reliable in such situation.
HDFC is very bearish making inverted flag pattern in 1 hr time frame
Nifty is also at its upper end of the channel which add more safety to this trade .
My advice is that look for a potential entry with small sl. because the recovery in this situation will be very sharp so giving too much on a single trade is not a wise thing.
Again find small SL
Keep eye on volume formation as the volume are more reliable in such situation.
HDFC is very bearish making inverted flag pattern in 1 hr time frame
Nifty is also at its upper end of the channel which add more safety to this trade .
My advice is that look for a potential entry with small sl. because the recovery in this situation will be very sharp so giving too much on a single trade is not a wise thing.
Again find small SL
Note
Not Executed Avoid this setupOrdre annulé
Not Executed Avoid this setup
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.