📈 Pre-open MTF #PriceAction Analysis by #KRMG (15 Sep)

👉 Stock 1- #HDFC
👉 Sector - FINSERV
👨🏻‍🏫 Analysis Timeframes - Hourly and 15 min (Intra)

🎯 Commentary - After Strong Uptrend it has strongly fallen nearly from 2875 level as per hourly timeframe and now it is trading near to its important Support of 2800 level

Yesterday on its way to downtrend it got strong rejections from important zone of 2870 and continued the downtrend till day end

It has space till 2795 on downside if it sustains below CZ, and may even reach near 2775 level if convincingly closed below 2810

🎯 Coming to sectoral pattern - #NiftyFinserv after strong Uptrend and it made its ALL TIME HIGH, now it is trying to accumulate near to it

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