TradZoo

Descending Broadening Wedge Pattern Breakout in HDFCBANK

Long
NSE:HDFCBANK   HDFC BANK
In today's session, the last 15 minutes candle gives breakout of descending broadening wedge pattern in HDFCBANK. After this breakout expected 1672+ target in HDFCBANK. We can go long above 1620 with a close stop loss in 1605 for this target. Here we can achieve 1:3+ risk-reward in this trade.

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