Expiry day Blueprint for BankniftyBanknifty has shown resilience to FII selling, RBI announcement today seems to have altered the nature of market. However not much has changed we presume three possibilities around which a probable expiry day plan can be traced.
A strangle of 33100CE and 32800 PE trading around 373 a pair seems a good bet to ride tomorrow .
All the best
HDFC
HDFCBuy above 2495 with Stop-loss of 2476,
Targets can be 2502, 2521, 2545, 2575
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
HDFC LTD trading ideasLong term investor this is your right opportunity 2360 very strong support 🔥 for HDFC reversal definitely can be seen by this week so buy near 2360 and go long forever.
HDFC Treadline breaklong entry to next ressitance level resistance only concern is unfilled gap 2680
HDFC Positional BuyLong - If +DI & -DI reject each other.
T1 - 2680
T2 - 2800++
Disc: Not a trading recommendation. Educational purpose only.
H&S in HDFCH&S formation in HDFC
with markets also showing bearish signs,
maybe trading this pattern will be a good idea
stay cautious
trade wisely