Shakapa

Go short for the HDFC Bank because of the following signals.

Short
NSE:HDFCBANK   HDFC BANK


1. the trend line is the overbought condition.

2. it already crosses the increasing triangle signal on 29th April 2020.

3. The next day on Tuesday it forms a small Dorji signal.

4. It also touched the 0.5 Fibonacci retracements. so most people will start taking the profit.

5. It will likely reverse the trend and it will be bearish for the next day.
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