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finbulltraders
May 30, 2021 5:16 AM

#HDFCBANK Double Bottom & channel Breakout. Long

HDFC BANKNSE

Description

#HDFCBANK The last few weeks, HDFC bank has been trading inside the channel and within the channel, we can clearly see that it formed a double bottom pattern. It has broken the channel and even re-tested the neckline of the double bottom and is now super bullish. The buyers will be dominating the next few days.

Educational purpose only - Trade at your own risk.

Good luck.
Comments
chinna6674
1628? By Friday possible?
finbulltraders
@chinna6674 this setup is for swing trade. It takes more time to reach 1628.
chinna6674
Monday 1556?/possible
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