hey guys , just found a good stock to talk about , HDFC BANK was moving in a great downtrend . This stock was following a pattern called DESCENDING TRIANGLE 📐 PATTERN
previously also , this stock has tried to cross his resistance and to break hi pattern, but it FAILED and it resulted to BULL TRAP for TRADERS but now this stock has again broke his resistance and pattern , and now I think that this stock will be successful in BREAKING HIS PATTERN , because there is no place left for this stock to continue his pattern , therefore , from my opinion you can bet on this stock and earn high returns , i have marked the RR RATIO , TARGET AND SL y'all can trade according to this RR RATIO ( IF U WANT TO ) otherwise, you can adjust it accordingly. BUT PLS CONSIDER THE GLOBAL MARKET SITUATIONS 1. INFLATION 2. WAR 3. RISING BANK RATES ( IMPORTANT FOR THIS STOCK )
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