HDFC - might pull back till 2620. A good risk-reward setup with a SL below 2560. I have entered with 2.5% capital only as large caps have a tendency of slow moves.
More from Steve Nison
H&S tops with ascending/descending necklines https://t.co/cmRRHp5rlh
Sir Edwards & Magee discussed sloping necklines in H&S in their classical work. I am considering this breakdown by Affle as an H&S top breakdown with a target open of 770.
— The_Chartist \U0001f4c8 (@charts_zone) May 25, 2022
The target also coincides with support at the exact same level. pic.twitter.com/n84kSgkg4q
More from Hdfc
HDFC
Double Top Buy above 2864.83 daily close on 1% Box Size chart. https://t.co/oP7KnYn7R8
Double Top Buy above 2864.83 daily close on 1% Box Size chart. https://t.co/oP7KnYn7R8
HDFC
— Saket Reddy (@saketreddy) February 2, 2021
High Quality standalone business, Holds double digit stakes in High quality group companies like HDFCBANK & HDFCLIFE.
Double Top buy & ABC Pattern breakout above 2698.8 daily close on 1% box size chart & Double top buy above 2756.62 on 3% box size chart. https://t.co/6ozyrPMgIG pic.twitter.com/fXRcAI9Kws