HDFC - Coming out of accumulation soon

Key Highlights:

1. Seems to be in re-accumulation
2. Moving in parallel channel
3. Constant manipulation of the lows
4. Swing failure pattern
5. Medium bullish divergence
6. Target: 2616, 2714, 2871

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

✅ Telegram:
✅ Blog:
✅ Rounding Top pattern:

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.