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Hdfcbankreversal

Levels for - 14 Oct 2021EXPLANATION : This is a 45 min time frame chart of HDFCBANK , It has been in a consolidate for day and has formed an Ascending triangle pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on HDFCBANK . If give a strong breakdown and broke its trendline support with high volumes and retest the same , I am bearish on HDFCBANK . If you like the analysis give a Like // Follow for more updates , let me know in comments below :)
NSE:HDFCBANK
by pranav_nanavare
Levels for - 05 Oct 2021EXPLANATION : This is a 45 min time frame chart of HDFCBANK . It has been in a sideways for days and formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the upper trendline indicates the start of a new bullish trend . Both side levels marked in chart . for downside target will be pending small gap . If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
NSE:HDFCBANK
by pranav_nanavare