The_Chartistt

RISING WEDGE IN HDFC BANK

NSE:HDFCBANK   HDFC BANK
TAKE POSITION ON BREAKOUT SUPPORTED WITH VOLUME . ALTHOUGH IT IS A BEARISH PATTERN BUT SIDE OF BREAKOUT IS IMPORTANT FOR TAKING POSITION.
STOP > HIGH OF LAST CANDLE FOR SHORT/LOW OF LAST CANDLE FOR LONG (IN WEDGE )
MINIMUM TARGET - HEIGHT OF PATTERN