Hello, hdfc mid-term swing trade buy: 2,460 targets: 2,680/2,860 stoploss: 2,380.
LOGIC BEHIND TRADE: Stock has formed W pattern & given breakout of dynamic trendline resistance & static resistance breakout buying strategy, (targets identified from harmonic xabcd/abcd pattern level 2.0/1.131) stoploss is taken low of resistance candle. Stock looks solid for mid term swing trade. NSE:HDFC
LOGIC BEHIND TRADE: Stock has formed W pattern & given breakout of dynamic trendline resistance & static resistance breakout buying strategy, (targets identified from harmonic xabcd/abcd pattern level 2.0/1.131) stoploss is taken low of resistance candle. Stock looks solid for mid term swing trade. NSE:HDFC