HDFC BANK has been showing a Bullish price action off late.
The stock was consolidating since 23Apr-25 and if you notice the price action, there has been clear HL formation.
This has also led to a triangular pattern formation and now we have a breakout.
While I was short on HDFC, I have cut that position now with a loss and taken long.
EQ Target - 2200 level
OPT Target - 2025 level (June series)
P.S. Not a recommendation. Pls do your own due diligence.
The stock was consolidating since 23Apr-25 and if you notice the price action, there has been clear HL formation.
This has also led to a triangular pattern formation and now we have a breakout.
While I was short on HDFC, I have cut that position now with a loss and taken long.
EQ Target - 2200 level
OPT Target - 2025 level (June series)
P.S. Not a recommendation. Pls do your own due diligence.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.