Long
HDFC - Coming out of accumulation soon
Key Highlights:
1. Seems to be in re-accumulation
2. Moving in parallel channel
3. Constant manipulation of the lows
4. Swing failure pattern
5. Medium bullish divergence
6. Target: 2616, 2714, 2871
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
1. Seems to be in re-accumulation
2. Moving in parallel channel
3. Constant manipulation of the lows
4. Swing failure pattern
5. Medium bullish divergence
6. Target: 2616, 2714, 2871
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
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