HDFCBANK reverted from is long term SR zone. Short term target 1587 with SL as lower end of demand zone. Bank in consolidation after explosive rise post budget. Hence would trail SL.
Rationale behind this trade
OPEN
RELIANCE
(Enter above 2117.0)
2000
-5.53%
Current
2150
Target
2000
Stoploss
2117
Entered
(21/01/2021 13:15:00)
Recommended on 21-01-2021 13:08:00 and valid till 21/02/2021