Hdfc bank was unable to break 5 month descending trend line and was forming a symmetrical triangle this week. Today it has given a breakout and has closed above the descending trend line. If the markets are range bound, we can expect a descent returns of 6-8%.
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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.