Hdfc bank spot cmp 1575
Previously shared study to go short around 1610 levels with stoploss of 1625 ,,
Counter was not able to sustain above 1625 levels,, and now have started falling,,
Double top pattern formation on hourly time frame,, Neckline for the pattern is around 1560-1565 levels,,
Once break below 1560 levels more shorts can be added for down side levels of 1500-1450,,
Good short candidate..
Previously shared study to go short around 1610 levels with stoploss of 1625 ,,
Counter was not able to sustain above 1625 levels,, and now have started falling,,
Double top pattern formation on hourly time frame,, Neckline for the pattern is around 1560-1565 levels,,
Once break below 1560 levels more shorts can be added for down side levels of 1500-1450,,
Good short candidate..