Where will 3.5 year consolidation lead to.
HDFCBANK has been consolidating from 3.5 years in the range of 1200-1600. The price has formed a triangle pattern and it has been formed on the base of a long term trend line. Stock has been moving along a 20 year old trendline. When the price breaks out it will lead to a strong trend as many factors are playing around.
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