HDFC Bank - Looking good for a swing trade
Updated
Key highlights:
1. Bounced off 2 day demand zone
2. Closed just above 200 MA
3. Sitting at 0.5 Fibonacci level
4. Potential formation of Inverse Head and Shoulders pattern
5. Psychological level of 1500
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
NSE Certified Technical & Fundamental Analyst
1. Bounced off 2 day demand zone
2. Closed just above 200 MA
3. Sitting at 0.5 Fibonacci level
4. Potential formation of Inverse Head and Shoulders pattern
5. Psychological level of 1500
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
NSE Certified Technical & Fundamental Analyst
Trade active
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
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