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hdfc bank looks bullish in short to medium term.
HDFC BANK LTD
Long
hdfc bank looks bullish in short to medium term.
By ParamjitMahapatro
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Updated
Aug 25, 2017
6
Aug 19, 2017
In longer time frame, it is in a strong uptrend.
In daily, price at the support of ascending channel, with a sl below the channel support, one may aim for previous swing high then channel resistance.
Aug 25, 2017
Trade active
till now 1762.5
Sep 9, 2017
Trade active
after a fake breakout, now we have a strong break out from the descending triangle with rising volume,
Sep 9, 2017
Note
till now 1787.65
Sep 11, 2017
Trade active
big move today, closed at 1823.35, also breakout with good volume,
tgt - 1880
Sep 17, 2017
Trade active
till now 1848.95, price moving up as expected,
Ascending Channel
Bullish Patterns
Chart Patterns
support
Trend Analysis
uptrend
ParamjitMahapatro
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