Short Opportunity in HDFCBANK over negative sentiment in BANKNIFTY.
1. High possibility to revert to 200 EMA to take support. (Mean reversion)
2. Breaking down below the 21 Period EMA
3. Negative trending RSI
4. Negative MFI trend
5. Negative sentiment in banks
1. High possibility to revert to 200 EMA to take support. (Mean reversion)
2. Breaking down below the 21 Period EMA
3. Negative trending RSI
4. Negative MFI trend
5. Negative sentiment in banks
Operación activa:
Entry condition triggered at 12:25 PM.
Entered short trade on HDFC BANK.
Entered short trade on HDFC BANK.
Capital: Rs. 10,000
Quantity (Lots): 550 (1)
Entry: Rs. 9.30