Get started
kapildheer

HDFC Bank forming a Head & Shoulders Pattern on Daily timeframe

Short
HDFC BANK (NSE:HDFCBANK)  
kapildheer  
NSE:HDFCBANK   HDFC BANK
Trend Analysis Support and Resistance Head and Shoulders
0
0
trendanalysis supportandresistance headandshoulders
HDFC Bank HDFCBANK seems to be forming a Head & Shoulders Pattern on a daily timeframe.

With a neckline around 1360-1365 zone if the pattern completes, we may see next incoming target of around 1250 which was earlier resistance.

In case further breakdown, the next major support comes at 1150-1170 zone. HDFCBANK
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.