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Stocks for 07/08/20 Intraday

#AXISBANK
#HDFCBANK
#HDFC
#BIOCON
#HDFCLIFE
#GRASIM
#DABUR
#PEL
#TATACHEM
#GODREJCP

Based on NR7, Volume and Volatility
Only 1 stock gave tradeable move today!

It was #HDFCBANK. However, it gave two separate entries.

1/2 Entry was @ 11:30, price made huge tails at Support with High Volume and was consolidating on VWAP.

+2R profits booked till the previous day resistance level Image
2/2 Entry in #HDFCBANK was @ 01:25. A/D ratio was around 2:1 the entire day and hence supported Bullish bias. The price was again consolidating at Previous day support turned Resistance turned Support!

Entry was with BE candle. +1.5R profits booked for this second, late trade. Image
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