A classic breakout has happened in HDFC bank. It was a multiple times resistance near 1700 price range with more than one year time span.
Also, its like CUP AND HANDLE pattern breakout in weekly basis.
Price may reach upto lifetime high and pattern's target.
Price may retest upto Handle's Low below which price is negative on sustaining basis.
Follow and Stay tuned for more content.
Disclaimer: This is an opinion by me for educational purpose only and is not a recommendation :-) :-)
Also, its like CUP AND HANDLE pattern breakout in weekly basis.
Price may reach upto lifetime high and pattern's target.
Price may retest upto Handle's Low below which price is negative on sustaining basis.
Follow and Stay tuned for more content.
Disclaimer: This is an opinion by me for educational purpose only and is not a recommendation :-) :-)
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.
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.