Company:- HDFC Bank Ltd.
Sector:- Banking
M Cap:- 10.99T
Technical:- On the hourly and daily chart smart money formed semetric triangle chart pattern and breakout it with heavy volume, I thik this stock is bottoming out and ready for the next leg rally. One more thing Nifty private banking and nifty bank index is also bottomed out. So if Banknifty and Nifty private banking indices have to go up, HDFC Bank will have to outperform.
If you want's to doing this type of technical analysis you can follow me and visit my website "protraderclub.in" and contact me.
Disclamer:- Dear followers, before taking any trade do your own analysis and consult your financial advisor.
Sector:- Banking
M Cap:- 10.99T
Technical:- On the hourly and daily chart smart money formed semetric triangle chart pattern and breakout it with heavy volume, I thik this stock is bottoming out and ready for the next leg rally. One more thing Nifty private banking and nifty bank index is also bottomed out. So if Banknifty and Nifty private banking indices have to go up, HDFC Bank will have to outperform.
If you want's to doing this type of technical analysis you can follow me and visit my website "protraderclub.in" and contact me.
Disclamer:- Dear followers, before taking any trade do your own analysis and consult your financial advisor.
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Ready for blast.
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Hold your position until the target is reached.
G.K. Mishra
