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NIFTY TECHNICAL CHART ANALYSIS 27th OctToday let's analyse the technical charts and study where we can see the Indian stock markets going in the coming days.
Nifty is trying to sustain above an important resistance zone and Banknifty is already trading above the resistance levels.
Also Crude cooling off is an good sign for the coming days.
Thanks.
HDFC Life form Inverse Head and Shoulder Pattern in hour chartI m not a SEBI registered analyst. This is only for educational purpose
HDFC Life form Inverse Head and Shoulder Pattern in hour chart.
Entry -> Can enter after Reversal candle formed in Right shoulder of 630 and above
SL - 624
Target - 650
In daly chart Bank nifty make a flag pattern Yesterday 12 th July bank nifty try to break Chanel.
If break this Chanel upside then clear a bullish flag pattern and break under line this is bearish on daly chart.
Bank nifty not break it's low with closing basis even try to upside but not sustain.
This idea is educational purposes not for buy and sell.
Thanks for attention.
HDFC Bank Hourly Chart Break down !!Selling HDFCBANK @ 2200- 2205 With Stoploss of 2230 Targets 2100 in next 1 week, Rising Wedge Pattern break down is been seen on the hourly charts of HDFC.