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HDFCBank. Either Descending Triangle or Trendline Break

NSE:HDFCBANK   HDFC BANK
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4
HDFCBank IS trading in Descending Triangle from last couple of weeks and also approaching Trend line . There can be a possibility in either way.

Long:
Above 1390
Stoploss 1377
Target 1411

Short:
Below 1363
Stoploss 1379
Target 1331
Trade active: Broken for Buy. Waiting for the trigger Price to get the trade active
Order cancelled: Making sideways movement.
Comment: There is a lot of patience required in trade. Trade triggered on 8th @10:15 and moved slowly near to our target.

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