HDFCBANK 1D Breakout1. High chances of breakout after Multiple testing of level and 20 days consolidated in range.
2. Higher high and higher low last 5 days.
3. Possible long with 1st 1670 and 2nd 1720 with support at 1590.
Hdfcview
HDFC breaking out and restest.Proper chart pattern is being followed in HDFC.
Stock after the break out has retested the trend line.
HDFC has closed just near the support level and slightly below the 20ema.
If the stock form any bullish chart pattern, targets are there in the chart itself.
This trade can become a swing trade for the traders.
