TRADEWITHFUN247

HDFC Looks very bearish on Chart for short term

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TRADEWITHFUN247 Uppdaterad   
NSE:HDFC   None
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
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Not Executed Avoid this setup
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Not Executed Avoid this setup

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