Long
HDFC - Possible Swing Trade Setup
Current price action is consolidation within uptrend. Now, the price action tested the previous support, failed to break it and now it may swing up to test the resistance range in coming days. It seems like a good swing trade setup.
Note
T1 - 2620 , T2 - 2720 SL - 2470
Trade closed: target reached
Target 1 reachedPrice action looking strong, may reach T2 by this week.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.