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manuvsingh

HDFC Bank | Inverse H&S in formation | 35% upside

Viés de alta
HDFC BANK (NSE:HDFCBANK)  
manuvsingh Atualizado   
NSE:HDFCBANK   HDFC BANK
Support and Resistance Fibonacci Head and Shoulders chaukhambha_charts HDFCBANK BANKNIFTY privatebank weeklychart Inverse Head and Shoulders fibonaccianalysis breakouttrading
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supportandresistance fibonacci headandshoulders chaukhambha_charts hdfcbank banknifty privatebank weeklychart inverseheadandshoulders fibonaccianalysis breakouttrading
HDFCBANK

Inverse Head & Shoulder under formation whose BO neckline is at 1510
Triple Bottom on Weekly Chart made on multi-year support line

CMP @1450 is bouncing from Short Term EMAs. Upside from CMP ~35%
Based on Fibonacci Next Tgts : 1558 - 1720 - 1980
SL : 1260

Time Frame : 3 to 12 Months

For Learning Purpose
Chaukhambha_Charts
Trade ativo:
First Target 1558 Achieved.
Keep Adding as this GEM is gaining more strength

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