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TradZoo
Feb 15, 2021 2:11 PM

Descending Broadening Wedge Pattern Breakout in HDFCBANK Long

HDFC BANKNSE

Description

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.
Comments
rejilrajep1
but post market closed at 1616. good analysis.
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