HDFCBANK Head & Shoulders Short

HDFC BANKNSE

Description

⋅ Jan 11, 2023 2:35 PM

HDFCBANK has formed head & shoulders pattern on the Daily chart with 1590 as the base. The stock has broken down from 1590 base on 10 Jan.

If the breakdown continues, we can go short with the measured move target of 1508.

Order cancelled

⋅ Jan 29, 2023 9:21 AM

No clear short entry as price bounced off 1590 support zone.

Comments

ashishnavandar

⋅ Feb 2, 2023 9:51 AM

Please delete this if you can..

vipulmehta817

⋅ Feb 2, 2023 4:02 PM

@ashishnavandar, That's okay bro, it's a call gone wrong. Happens when we're in the markets. I have updated the idea and closed it a couple of days ago.