sk_4587

hourly triangle Bottom line is a fresh buy in HdfcBank

Long
sk_4587 Aggiornato   
NSE:HDFCBANK   HDFC BANK
Hello dear traders
i am presenting this time
Hdfcbank Hourly chart
there is a falling expended triangle running currently
so expecting in case price comes near the bottom line of the triangle
is a good buy

----------------------------------------------------------------------------
in to recent earning posted by at 16-10-2023
HDFC Bank Q2 earnings: Net profit rises 50% to Rs 15,976 crore
-----------------------------------------------------------------------------

so its a buy between 1460-1480
stop loss below 1420 on hourly closing basis
for the target of upper line of the falling expended triangle
which is currently around 1640
-----------------------------------------------------------------------------------
i am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade



Commento:
thank you for reading my idea
if found any related query allow me to answer
Commento:
if you think this idea is use full
please like and share
also follow and comment your thought about this analysis
Commento:
Commento:
Rsi 14 setup on Hourly chart
Commento:
Commento:
Macd setup on Hourly chart
Commento:
Commento:
bollinger band setup on Hourly chart
Commento:
Commento:
sma setup on hourly chart
sma 200 black, sma 100 red, sma 50 green , sma 20 blue
Commento:
Commento:
fibonacci extension setup on hourly chart
Commento:
price tested abjectly internal channel upper line and retrace from there
Commento:
Commento:
daily chart pevious resistance turn in to support chart
Commento:

book full profit @ 1625

full target achieved for upper trendline
Trade chiuso: obiettivo raggiunto
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.