Mambotrade

HDFC bank simple candlestick pattern

Long
NSE:HDFCBANK   HDFC BANK
Hdfc bank on a daily timeframe has formed a bullish engulfing pattern with volume confirmation.

It is the basic candlestick pattern with shows the reversal in trend.

Support:- 1300(round number)
resistance:- 1327, 1357

The pattern is bullish.
Trade only when the price sustains above 1327.

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