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UnknownUnicorn11319615
Dec 2, 2020 3:23 PM

HDFCBANK forms a head & shoulders pattern! Short

NSE:HDFCBANK60
HDFC BANKNSE

Description

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HDFC BANK forms a head and shoulders pattern on 1 hour time frame. Although the neckline is not broken yet. It has also forms a RSI Divergence .
A high probability that it may go heavily bearish after breaking the neckline.

Trade active

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It has gone bearish. It may go for another day.
Trend AnalysisChart PatternsTechnical IndicatorsbhartiairtelrsidivergenceBearish PatternsbreakoutnecklinenecklinebreakHDFCBANK
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