#hdfc F
- Friday was ATH Close
- For 3 weeks, it consolidated above P/SVWAPs
- 3000 CE had covered 10% OI, but still has huge OI
> I shall look for Longs 'if'
- scrip breaches 3k and
- 3k CE writers start covering (Better if 3k PE writers add too)
#trading

More from Pankaj DP
Except ici, none others went above O=H.
(I personally never trade based on O=H/ O=L; area is prone to spikes.)
But, when index & heavyweights have O=H at same time, it lends more credibility. -> today Gapup buyers were not in control.
(I personally never trade based on O=H/ O=L; area is prone to spikes.)
But, when index & heavyweights have O=H at same time, it lends more credibility. -> today Gapup buyers were not in control.
#nifty #hdfc #infy #hdfcbank #icicibank #tcs have nearly O=H. (Give or take few points)
— Pankaj DP (@voPAtrader) March 10, 2022
Rarely this happens.