Buy above 1405 for 7,15,30++
Sell below 1385 for 7,15,30++
Try to find all levels based on trend line only
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All views for Educational purpose, Trade at your own risk
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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NSE:HDFCBANK
#NSE:HDFCBANK reached to support and bouncing, potential levels marked on chart.
Levels shared Everyday for learning, can be reached to me for any clarifications.
Happy LEarning
it is evident, from the daily chart analysis, HDFCBANK has completed its correction, if next wave of impulse is in progress then here onwards price could rally - this could defenite if corrections is simple ZIGZAG other wise wait for COMPLEX CORRECTION
Hdfc bank on a daily timeframe has formed a bullish engulfing pattern with volume confirmation.
It is the basic candlestick pattern with shows the reversal in trend.
Support:- 1300(round number)
resistance:- 1327, 1357
The pattern is bullish.
Trade only when the price sustains above 1327.
HDFC Bank showing breakdown in price at horizontal price support, which confirmed the potential neckline break of Headandshoulder Pattern
Likely targets are marked on the chart which are projection of previous swing and measured move of the pattern
Bank Nifty plans
08 Feb 22
11 Feb 22
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own...
