HDFCBANK
HDFC BANK Trend AnalysisI have made some changes in this analysis.
Kindly disregard my previous analysis linked below.
Now price is at key support level of 1300.
If breaks it can easily fall to 1000-1100 levels where trendline support will add confluence.
Accumulate at 1000-1100 levels for the following targets:
Short term swing target @ 1475 (40% ROI with 4.25 R:R)
Medium term swing target @ 1725 (64% ROI with 6.75 R:R)
Long term positional target @ 2350 (123% ROI with 13 R:R)
Stop loss @ 950 (optional)
Do your own due diligence before taking any action.
Peace!!
Bank Nifty Intraday StrategyHi Everyone...
Hope You all are doing good:))
Here are all the important levels of #Banknifty
How to Trade Today...
1. If banknifty break the levels of 35000 then go for PE, 35000 is psychology level and a good support so trade only after breakout only.
2. If we also got the market at the levels of 35800 then go for PE also
3. Go for CE if banknifty take support at the current levels.
That all for the day..:))