Very soon a big breakout possible in HDFCBank as per cup and handle pattern.
Stock has consolidated very well. A good monthly candle as well. Can expect a breakout soon.
A big correction is pending in Index, Election time is near and vix needs to rise.
Correction pending in BankNifty along with Nifty. Election time Vix needs to rise.
If ACC start trading above previous day high it can give a breakout of ascending triangle in few days, SL and target mentioned in chart
Monthly charts show cup and handle formation. Good for long term Investment.
Stock formed a very good candle at critical trendline. With candle high as entry and low as SL a positional trade can be considered.
Stock has been in consolidation for sometime. A breakout can give very favorable RR on positional basis.
Simple ascending triangle pattern. Targer and SL highlighted.
I remember seeing a same formation before Covid Crash, though it might not be as intense as that. But a significant correction cannot be Ruled out.
A reversal pattern is formed at ATH with a trendline confluence. Good RR.
Bullish wolfe wave at very good level. Green line target
Stock will aim for ATH if it start trading above 1820. Previous resistances have been tested multiple times now.
Textbook Ascending Triangle Pattern. Self explanatory chart.
This stock has been behind when Nifty and all other heavyweights were rallying. Eventually it will catch up. Bullish Wolfe wave pattern with double bottom in sight. Wait for price to close above 6800 for safe entry.
Stock has been consolidating well at higher levels. Closing above 1740 on daily basis will push the price higher till 2k.
Risky short trade. A red candle in yellow zone will only activate the trade. Else can be ignored. Can get few quick points in correction leg.
Bearish Wolfe wave with double top pattern. For confirmation price has to go inside the channel signaling a false breakout scenario.