hourly triangle Bottom line is a fresh buy in HdfcBank

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

Komentarz:

thank you for reading my idea
if found any related query allow me to answer

Komentarz:

if you think this idea is use full
please like and share
also follow and comment your thought about this analysis

Komentarz:

Komentarz:

Rsi 14 setup on Hourly chart

Komentarz:

Komentarz:

Macd setup on Hourly chart

Komentarz:

Komentarz:

bollinger band setup on Hourly chart

Komentarz:

Komentarz:

sma setup on hourly chart
sma 200 black, sma 100 red, sma 50 green , sma 20 blue

Komentarz:

Komentarz:

fibonacci extension setup on hourly chart

Komentarz:

price tested abjectly internal channel upper line and retrace from there

Komentarz:

Komentarz:

daily chart pevious resistance turn in to support chart

Komentarz:

book full profit @ 1625

full target achieved for upper trendline

Transakcja zamknięta: osiągnięto wyznaczony cel