Date: 27th Feb 2017
Finally after nearly ten calendar days, the cracks began to appear in HDFC, if it closes below 1531 levels - it would be a good short, as there is no hurdle in the path - till 1258.
With Nifty showing some bend (?) chance of it's get back to 1258 are more probable now.
Date: 18th Feb 2017
I have been discussing HDFC short with my trader friend since couple of days .. the data showed lot of indecisiveness - finally it starts ? see the chart below...
If it does - there is a fantastic long coming up at ~ 1258.
Finally after nearly ten calendar days, the cracks began to appear in HDFC, if it closes below 1531 levels - it would be a good short, as there is no hurdle in the path - till 1258.
With Nifty showing some bend (?) chance of it's get back to 1258 are more probable now.
Date: 18th Feb 2017
I have been discussing HDFC short with my trader friend since couple of days .. the data showed lot of indecisiveness - finally it starts ? see the chart below...
If it does - there is a fantastic long coming up at ~ 1258.
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