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HDFC - Coming out of accumulation soon

Long
johntradingwick  
NSE:HDFC   None
Trend Analysis Chart Patterns Technical Indicators HDFC hdfclong hdfcanalysis
19
7
trendanalysis chartpattern indicator hdfc hdfclong hdfcanalysis
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

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✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top

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