A classic breakout has happened in HDFC bank. It was a multiple times resistance near 1700 price range with more than one year time span.

Also, its like CUP AND HANDLE pattern breakout in weekly basis.

Price may reach upto lifetime high and pattern's target.

Price may retest upto Handle's Low below which price is negative on sustaining basis.

Follow and Stay tuned for more content.

Disclaimer: This is an opinion by me for educational purpose only and is not a recommendation :-) :-)
Beyond Technical AnalysisChart PatternseducationalcontentTrend Analysis

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