HDFC BANK CHART STUDY
Updated
Hdfc bank spot cmp 1673
Hourly time frame.
Head and shoulder pattern formation,
neckline support around 1669 levels
once counter breaks below 1669 and sustain for 15-20 mins breaks down can be confirmed.
hourly candle closing below 1668 levels would be best scenario.
down side counter can slide to levels of 1616-1600 as per chart pattern theory.
its conditional view, so study will be active only if condition are full filled.
keep watch
Hourly time frame.
Head and shoulder pattern formation,
neckline support around 1669 levels
once counter breaks below 1669 and sustain for 15-20 mins breaks down can be confirmed.
hourly candle closing below 1668 levels would be best scenario.
down side counter can slide to levels of 1616-1600 as per chart pattern theory.
its conditional view, so study will be active only if condition are full filled.
keep watch
Trade closed: target reached
1470 from 1670200 points
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