pranav2912

Strong Bullish AB=CD pattern in HDFC Bank Daily

Long
NSE:HDFCBANK   HDFC BANK
NOTE: Beware of bear market due to coronavirus and falling rupees...
Bullish AB=CD pattern in HDFC Bank almost symmetrical and just outside channel and RSI oversold (also 1/0.646 = 1.54 exact reversal from ab = cd level) . Lots of confluence seems good opportunity to trade as well as investing for long term as its undervalued at current price.
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.