HDFC Bank Daily Timeframe Analysis

29 oct. 2022

HDFC Bank getting ready for Breakout

• It has formed Narrow range of last 8 sessions and Inside bar candles in last 3 sessions
  
• Making LH - LH structure
  
• Consolidating above last 88 days support zone and sustaining after dynamic resistance (trendline) breakout and formed NR7
  
• If Breakout above 1468 and sustained can go long with SL 1445 and momentum targets of 1487,1513,1540
  

31 oct. 2022

Transaction en cours

First Target done 1487

1 nov. 2022

Transaction en cours

Second target done 1513. Now LTP 1528.

11 nov. 2022

Transaction en cours

All Targets Hit. Trail with daily low SL.