At a support after fakeout!
HDFCAMC is at a long term trendline and moving average support after giving a fake breakout to symmetrical triangle accumulation pattern. Investors might enter this week as Stop loss is small and risk reward is good.
Note
Stop loss hit, bears hyper active last week.
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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.