Get started
AmeyKajarekar

HDFC - Symmetric Triangle Formation

Long
AmeyKajarekar  
NSE:HDFC   None
Chart Patterns HDFC symmetrical-triangle price-action
4
2
chartpattern hdfc symmetrical-triangle price-action
Symmetric Triangle formed here can lead stock for an Up move to the 2617 as we can see Resistance line.
So If triangle breakout successfully we can get our first target for short term (1-2 weeks) at Price level 2617.
Next target can be 2765 & 2896 (For long term)

If pattern breaks down, stock can take support near 2364

Disclaimer

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.