Search
Products
Community
Markets
News
Brokers
More
IN
Black Friday sale
Up to 70% OFF
Community
/
Ideas
/
HDFC BANK - Weekly Hammer formation (Learning purposes)
HDFC BANK LTD
Long
HDFC BANK - Weekly Hammer formation (Learning purposes)
By sarangmv
Follow
Follow
Jul 3, 2022
0
Jul 3, 2022
In weekly time frame Hdfc Bank formed a hammer pattern.
Also after hammer formation candlestick pattern gives buying confirmation with SL of 1271.60.
Possible 1:1 target is 1451.7.
As weekly target takes time to achieve its great to buy this in equities rather than options. You can also see positive divergence.
This is for learning purposes only.
Thanks
Chart Patterns
Hammer
HDFCBANK
Technical Indicators
Trend Analysis
weeklymarketsanalysis
sarangmv
Follow
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
.