HDFC BANK out of a pennant

STOCK HAS FORMED A PENNANT ON DAILY CHART
WHICH WAS RESULTED IN A FLAG FORMATION IN WEEKLY CHART
TREND MIGHT CONTINUE ON THE UPSIDE AFTER THE PENNANT HAS BROKEN
STRONG SUPPORT AT 1793 WEEKLY SUPPORT
ACTION
WAIT FOR PATTERN TO COMPLETE
GO SHORT IF CLOSES BELOW 1793(RISKY)
FINALLY IT HAS BROKEN OUT OF THE PATTERN
WITH RSI SPIKING UP
MACD GAINING POSITIVE MOMENTUM
PLUS THE STOCK WAS ABLE TO C/O ITS 50-SMA (1820)
WEEKLY BASIS:-
THE STOCK HAS FORMED A FLAG WHICH IS A CONTINUOUS PATTERN
SUPPORTED STRONGLY BY SUPPORT LEVELS OF 1793 AND 1819
TRADE VIEW:-
LONG BUY @1820-30 LEVELS
STOP @ 1810
TARGET @ 1865STOCK HAS FORMED A PENNANT ON DAILY CHART
WHICH WAS RESULTED IN A FLAG FORMATION IN WEEKLY CHART
TREND MIGHT CONTINUE ON THE UPSIDE AFTER THE PENNANT HAS BROKEN
STRONG SUPPORT AT 1793 WEEKLY SUPPORT
ACTION
WAIT FOR PATTERN TO COMPLETE
GO SHORT IF CLOSES BELOW 1793(RISKY)
FINALLY IT HAS BROKEN OUT OF THE PATTERN
WITH RSI SPIKING UP
MACD GAINING POSITIVE MOMENTUM
PLUS THE STOCK WAS ABLE TO C/O ITS 50-SMA
WEEKLY BASIS:-
THE STOCK HAS FORMED A FLAG WHICH IS A CONTINUOUS PATTERN
SUPPORTED STRONGLY BY SUPPORT LEVELS OF 1793 AND 1819
TRADE VIEW:-
LONG BUY @1820-30 LEVELS
STOP @ 1810
TARGET @ 1865

STOCK HAS FORMED A PENNANT ON DAILY CHART
WHICH WAS RESULTED IN A FLAG FORMATION IN WEEKLY CHART
TREND MIGHT CONTINUE ON THE UPSIDE AFTER THE PENNANT HAS BROKEN
STRONG SUPPORT AT 1793 WEEKLY SUPPORT
ACTION
WAIT FOR PATTERN TO COMPLETE
GO SHORT IF CLOSES BELOW 1793(RISKY)
FINALLY IT HAS BROKEN OUT OF THE PATTERN
WITH RSI SPIKING UP
MACD GAINING POSITIVE MOMENTUM
PLUS THE STOCK WAS ABLE TO C/O ITS 50-SMA
WEEKLY BASIS:-
THE STOCK HAS FORMED A FLAG WHICH IS A CONTINUOUS PATTERN
SUPPORTED STRONGLY BY SUPPORT LEVELS OF 1793 AND 1819
TRADE VIEW:-
LONG BUY @1820-30 LEVELS
STOP @ 1810
TARGET @ 1865

Trade active:

Stay long on hdfc

Trade active:

We now have started making profits on this stock hold it as discussed targets before

Trade active:

book part profits on hdfc bank and hold on to the rest for higher levels

Trade active:

3RD DAY OF STRAIGHT GAINS WE ARE NEARING OUR TARGET IF SOMEONE WANTS TO EXIT THEY CAN.
BUT STILL 1465 IS STILL POSSIBLE

Trade active:

STOCK IS BUZZING

Trade closed: target reached:

BHARAT FINANCIAL BTST @987 TGT 1000 REACHED
JK LAKSHMI CEMENTS BTST @407.50 TGT 416 REACHED
HDFC BANK (22 NOV) @1810 TGT 1865 REACHED
ENJOY