HDFCBANK Bullish Breakout

HDFCBANK seems to have broken out of the congestion zone of 1500 which was acting as a resistance for a long time. The stock is heading toward a potential target of 1.618 Fib retracement at 1645-1650 on the stock.
breakoutChart PatternsFibonacci ExtensionresistancebrokenTrend Analysis

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