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HDFC Bank - Looking good for a swing trade

Long
HDFC BANK (NSE:HDFCBANK)  
johntradingwick Updated   
NSE:HDFCBANK   HDFC BANK
Trend Analysis Chart Patterns Technical Indicators HDFCBANK swingtrade positionaltrade
24
6
trendanalysis chartpattern indicator hdfcbank swingtrade positionaltrade
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
Trade active
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top

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