RupayTrade

   HDFCBANK as on today current market price  ₹ 1423.55 Open  ₹ 1412 Resistance for the day February 26, 2024   ₹ 1420.60 KeyLevel to watch  ₹ 1414.73 Good Support at  ₹ 1395.00 HDFCBank "Too big to fail" the getting ready for a short squeeze.  Expecting a short covering as HDFCBank trading above intraday trading resistance level. If volume and momentum continued then expect at least 5% upside in shorter time span. It's technical analysis update. Do your own analysis before making any trading or investment decisions. We also advice to go through our disclaimer page for more information. Let's look at the updated HDFCBank intraday trading chart February 26, 2024 end of the day. HDFCBank stock price made day high  ₹ 1434.85. However, failed to sustain and give breakout above Fibonacci resistance 2. Till intraday trading closing HDFCBank dragged exactly towards todays resistance as per chart above shown. Sudden selloff reason is yet to publ...

  Nifty it's buy the dip today. Good to Buy around support with target of KeyLevel, Resistance. Watch out key Nifty Levels for intraday trading as below: Open - 22171.4 Resistance - 22333 KeyLevel - 22189 Support - 22114 Sell only if Nifty Reaches around Resistance or any rejection pattern around Key Nifty Levels This post is updated with Nifty50 end of day chart. As expected Nifty movement was buy the dip. Trend reversal around 12:00 PM and we seen a good rebound but Nifty failed to hit it's Key Level today i.e. 22189. Sudden selloff in HDFCBank made bullish sentiment nervous. Finally, end of the day Nifty closed exactly above our today support level i.e. 22114. Let's see what happens tomorrow. Usually, we update Nifty Levels for intraday trading around stock market India open. Sometimes, it takes time to analyse and confirm the intraday trading levels as per view.

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For all traders, managing risk is essential to survival. It is among the few elements of the market that a trader can influence. It is among the few elements of the market that a trader can influence. The most frequent mistake made by novice traders is to take excessively large positions without considering risk management. Beginners may gamble between 50 and 100 percent of their capital on a single trade due to unrealistic expectations. It is gambling, not trading, to take big risks with large positions. Gaining consistent profits and conserving capital over time are the foundations of successful trading.  Excessive position sizes in trading frequently lead to enormous losses; this is the main cause of new traders going bankrupt fast. Huge emotions are correlated with large positions: The intensity of the emotion, be it fear or greed, increases with position. Traders who are just starting to lose discipline and trade subjectively and emotionally are typically the ones who suffer f...