HDFC BANK LTDUpdated HDFC BANK - Preparing for sharp move | Swing and Intraday
HDFC Bank is forming a ST on Daily TF. Being the market leader, its move will affect Bank Nifty big time.
Move on either side will give 1-2% at least (bigger move possible on upper side)
If breaks on lower side, target 1370, 1360 and 1350
If breaks on upper side then target 1503, 1548
P.S. Wait for 30-60 min candle close after breaking the triangle.
Move on either side will give 1-2% at least (bigger move possible on upper side)
If breaks on lower side, target 1370, 1360 and 1350
If breaks on upper side then target 1503, 1548
P.S. Wait for 30-60 min candle close after breaking the triangle.
Trade active
Levels intact, no candle close beneath the mentioned levels.Stock might trade in the triangle for few days, so need to be patient
Trade active
30 minute candle closed breaking the triangle today, looks good to short.Those who did not enter for swing today please do intraday only in this stock now
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