FLAG
Flag Pole structure in HDFCPost is for educational purpose only. Please consult your financial advisor before taking any trading decision. Always use a stop loss to minimize your risks.
Flag Pole structure in SRTPost is for educational purpose only. Please consult your financial advisor before taking any trading decision. Always use a stop loss to minimize your risks.
HDFC Bank - Multiple confluence - Channel BO, Bullish flagHDFCBank - 4H TF forms a channel Breakout after strong consolidation. Formation of Bullish flag and waiting for the breakout. Fibonacci BO also observed with an immediate resistance of 1496 which can also act as a Target 1 and the next target will be 1588. Currently the levels are above all the moving averages.
All the levels are mentioned on the chart.