hourly triangle Bottom line is a fresh buy in HdfcBank
Hello dear traders
i am presenting this time
Hdfcbank Hourly chart
there is a falling expended triangle running currently
so expecting in case price comes near the bottom line of the triangle
is a good buy
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in to recent earning posted by at 16-10-2023
HDFC Bank Q2 earnings: Net profit rises 50% to Rs 15,976 crore
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so its a buy between 1460-1480
stop loss below 1420 on hourly closing basis
for the target of upper line of the falling expended triangle
which is currently around 1640
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i am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade
i am presenting this time
Hdfcbank Hourly chart
there is a falling expended triangle running currently
so expecting in case price comes near the bottom line of the triangle
is a good buy
----------------------------------------------------------------------------
in to recent earning posted by at 16-10-2023
HDFC Bank Q2 earnings: Net profit rises 50% to Rs 15,976 crore
-----------------------------------------------------------------------------
so its a buy between 1460-1480
stop loss below 1420 on hourly closing basis
for the target of upper line of the falling expended triangle
which is currently around 1640
-----------------------------------------------------------------------------------
i am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade
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book full profit @ 1625
full target achieved for upper trendline
book full profit @ 1625
full target achieved for upper trendline
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