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

HDFC BANKNSE

Description

⋅ Oct 25, 2022 11:47 AM

NSE: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

Trade active

⋅ Nov 14, 2022 7:08 AM

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

Comments

b942a5c2c2dd42a28be02b2b5f390b

⋅ Nov 12, 2022 2:09 PM

exllent