HDFC Bank | Inverse H&S in formation | 35% upside

Oct 25, 2022

HDFCBANK

Inverse Head & Shoulder under formation whose BO neckline is at 1510
Triple Bottom on Weekly Chart made on multi-year support line

CMP @1450 is bouncing from Short Term EMAs. Upside from CMP ~35%
Based on Fibonacci Next Tgts : 1558 - 1720 - 1980
SL : 1260

Time Frame : 3 to 12 Months

For Learning Purpose
Chaukhambha_Charts

Nov 14, 2022

Trade active

First Target 1558 Achieved.
Keep Adding as this GEM is gaining more strength