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binuppaul
Apr 25, 2020 5:13 AM

HDFC Bank- Breakout from Symmetric Triangle- What Next ? Long

HDFC BANKNSE

Description

After the steep fall, HDFC bank has been consolidating in a symmetric triangle. After one unsuccessful attempt to break out of the triangle, the price managed to break out of the triangle on April 20 with a significant volume.
Comments
lyfdekho
1100 target is still intact????
binuppaul
@lyfdekho, Chart structure for upside targets showing signs of weakness. It missed the target by 70 rs. I would not be comfortable holding a leveraged long position at this stage
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