HDFC BANK LTDShort
HDFC Bank forming a Head & Shoulders Pattern on Daily timeframe
HDFC Bank HDFCBANK seems to be forming a Head & Shoulders Pattern on a daily timeframe .
With a neckline around 1360-1365 zone if the pattern completes, we may see next incoming target of around 1250 which was earlier resistance.
In case further breakdown, the next major support comes at 1150-1170 zone.
HDFCBANK seems to be forming a Head & Shoulders Pattern on a daily timeframe .With a neckline around 1360-1365 zone if the pattern completes, we may see next incoming target of around 1250 which was earlier resistance.
In case further breakdown, the next major support comes at 1150-1170 zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.