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H&S Patterns in HDFC Bank & Possible Descending Tri Breakout
HDFCBANK
, 1D
Long
HDFCBANK: H&S Patterns in HDFC Bank & Possible Descending Tri Breakout

Head & Shoulder: Neck Line is acting as strong support in Daily Chart. Short position can be taken if it breaks the neckline. But the chances are low because it forms a bullish candle with high volume. Descending Triangle: Broken the Resistance and hence Long position can be taken. Trend Line: Taking support on Trendline. Target : 1st : 1465/- 2nd :...

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