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The_Chartistt
May 6, 2020 3:01 AM

RISING WEDGE IN HDFC BANK 

NSE:HDFCBANK240
HDFC BANKNSE

Description

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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
Chart PatternswdgeHDFCBANKindianstocksnifty50swingtrading
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