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HDFC - Reversal Swing Trade Inverse H&S

Omahto  
NSE:HDFC   None
Trend Analysis Harmonic Patterns Chart Patterns HDFC hdfcltd hdfclong hdfcanalysis HDFCBANK swingtrade swingtradesetup swingtrader swingsetup
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trendanalysis harmonicpatterns chartpattern hdfc hdfcltd hdfclong hdfcanalysis hdfcbank swingtrade swingtradesetup swingtrader swingsetup
HDFC
Buy-Above 2460
Sl-2230
T-2685 2875

Short Term

HDFC has made a bullish reversal chart pattern - Inverse Head And Shoulder in daily TF. It is formed after a good correction form ATH. According to the ABCD pattern , this swing can go till 2685-2700. Above 2700 it will proceed to the second target of 2880-2900. Ultra short term traders can trail sl at 2340 after a extended gain and take 1:1 and 1:2.

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