Have made one investment entry in HDFC Bank. Looking for 1180 zone for another investment entry.
#hdfcbank
More from Aakash Gangwar
Won't be surprised to see 300 in KPIT this year.
#KPITTECH https://t.co/qPLH3li2Yy
#KPITTECH https://t.co/qPLH3li2Yy
Charts for reference. During a downtrend, news based buying is an opportunity to make an exit in most of the cases. #KPITTECH #Hikal https://t.co/63WBMFZ6BT pic.twitter.com/OgWzulTXiD
— Aakash Gangwar (@akashgngwr823) April 27, 2022
Reasons-
1. Long term channel top.
2. Curvature shift of 20 and 50 WMA along with price hitting 20 WMA frequently.
3. Overall weakness in IT sector.
4. For reference, study reliance top in August 2020, study Nasdaq Weekly chart and the top made in Nov 2021.
#tataelxi https://t.co/RmJa5LrdAP
1. Long term channel top.
2. Curvature shift of 20 and 50 WMA along with price hitting 20 WMA frequently.
3. Overall weakness in IT sector.
4. For reference, study reliance top in August 2020, study Nasdaq Weekly chart and the top made in Nov 2021.
#tataelxi https://t.co/RmJa5LrdAP
I have traded the current fav Tata Elxi from 2200 to 4500. No regret on missing out rest of the move because I am not an investor. Now there are many technical red flags. I might be trolled but 10.5k looks max target while 5k or 3-4 years of sideways looks inevitable.#tataelxi
— Aakash Gangwar (@akashgngwr823) March 26, 2022