HDFC Short position
On the chart we can see a rising wedge.
We are looking for the price reach the upsloping resistance to enter short.
Then we expect the price will go down to retest the support line.
Invalidation of this thesis would be if the price breaks above the upsloping resistance line.
We are looking for the price reach the upsloping resistance to enter short.
Then we expect the price will go down to retest the support line.
Invalidation of this thesis would be if the price breaks above the upsloping resistance line.
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