M_mFin has alt shark along with wolfewave and rsi negative divergence on daily timeframe . Also a deep crab and Wolfewave at lower timeframe, Expecting a upside move till shark PRZ after hitting small TF ww target . IF sl taken then we can expect Gartley and can long till 272.
Forecast of gartley if broken B
Hello and welcome to this analysis
Like all PSU Banks saw a very good 2021 in terms of price performance thereafter in 2022 it went into a correction mode in line with market trend. The structure of the fall as can be seen in the chart is of a slanting channel currently.
If it manages to break above 235 then 244 is the 1st line of resistance, above that 255 is...
There are two bearish hormonic patterns found in HDFC Bank
1. Bearish Shark
Can sell from 1519.75
2. Bearish Alternative Shark
Can sell from 1535.45
SL common for both marked in Black
Targets mentioned in Blue with value
Please consult with your financial advisors before take entry, all the risk & rewards is yours
Best of luck
NSE:RAYMOND
Only for education and information purpose. Should not be taken as a trading call
we can go long at the marked D point lets see how the market behaves
CHART BY HARMONIC LEARNING AND EARNING
