Long

Decisive break above 2770 can take the stock higher

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NSE:HDFC

Stock after a swift up-move has been consolidating for the last few trading sessions and has also attempted to breach 2770 levels multiple times but failed to sustain above it. It has also formed multiple price patterns which indicate a possible breakout.

A decisive break above 2770 can take the stock higher towards 2850/2900/2950 as long as 2710 is not taken out on closing basis.

All ideas shared are for educational purposes.







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Uwaga
1st Target reached revise SL
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Beyond Technical AnalysisChart PatternsHDFCInverse Head and ShoulderslongsetupswingtradeTrend Analysis

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