HDFC seems to be building an accumulation range with:
Range High: ₹1955
Range Low: ₹1908
Currently, price is consolidating within this zone. I'm biased to the sell side for now, expecting a potential breakdown below the ₹1908 level.
⚠️ No confirmation yet — it's a “wait and watch” scenario. A strong close below the range low could trigger momentum selling.
💬 What's your view on this setup?
Range High: ₹1955
Range Low: ₹1908
Currently, price is consolidating within this zone. I'm biased to the sell side for now, expecting a potential breakdown below the ₹1908 level.
⚠️ No confirmation yet — it's a “wait and watch” scenario. A strong close below the range low could trigger momentum selling.
💬 What's your view on this setup?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.