HDFC - Time for Some Big Moves
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HDFC - @ CMP of around 2745, seems consolidating for some big moves now after Reliance and could show levels up to 3075.
There are high probabilities that the stock my move lower before it's actual move upwards. Hence, my strategy would be as follows:
Trade in cash, and of the total of 100%:
Buy 50% @ CMP (2745-2750)
Add 25% @ 2700
Add the rest 25% @ 2680-2670
SL: 2640.
There are high probabilities that the stock my move lower before it's actual move upwards. Hence, my strategy would be as follows:
Trade in cash, and of the total of 100%:
Buy 50% @ CMP (2745-2750)
Add 25% @ 2700
Add the rest 25% @ 2680-2670
SL: 2640.
Note
HDFC - 2745 - 2805 yet.Note
HDFC - 2745 - 2840 so far, almost 100 points in the money...Note
HDFC 2745 -2895, 150 points yet.
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