HDFCBANK was moving in a descending zone, but it has now moved out and is now in an ascending zone. in the last 1 hour candle a hammer has been clearly formed - confirming the zone. the volume in the last 1 hour candle -which was green - was also much higher than average hourly volume.
the formation is also similar to Cup & handle where the handle formation is expected
Target 1 - 2 trading days - 815
target 2- 4-5 trading days - 850
target 3 - if it holds above 850, then 900
Stoploss - 790
*this is a high conviction chart*
the formation is also similar to Cup & handle where the handle formation is expected
Target 1 - 2 trading days - 815
target 2- 4-5 trading days - 850
target 3 - if it holds above 850, then 900
Stoploss - 790
*this is a high conviction chart*
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.