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Anurag1997

Inverse head and shoulder pattern in HDFC Bank in Day chart

HDFC BANK (NSE:HDFCBANK)  
Anurag1997 Updated   
NSE:HDFCBANK   HDFC BANK
Trend Analysis Chart Patterns
5
0
trendanalysis chartpattern
For the reversal of the downtrend in HDFC Bank, There is an inverse head and shoulder pattern formation in the daily chart. If the Chart forms inverse head and shoulder pattern and breaks the neckline, aggressive buying will take place.
Comment:
25th jan day low should be the 2nd shoulder. if this follows, then the idea is still active
Order cancelled:
No inverse head and shoulder pattern formation. Need not execute the idea
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