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TreasureTraderZ

HDFC - Rectangle Pattern and Trend Line Break

Short
TreasureTraderZ Updated   
NSE:HDFC   None
Chart Patterns Trend Analysis Technical Indicators
3
2
chartpattern trendanalysis indicator
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HDFC gave a trend line break out on 23 Sep
Trading below Ichimoku clound and below Value Area (Volume Profile)
Now trading inside a rectangle
Break of the rectangle and move below 2320 would move further downside to 2265 *Target 1 or 2185 *Target 2
Comment:
Target 1 reached
snapshot
Trade closed: target reached:
Trade closed: target reached:
Was 5% down - from 2320 to 2200
snapshot
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