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NeeteshJain

HDFC BANK - Expanding Triangle

Short
HDFC BANK LTD. (BSE:HDFCBANK)  
NeeteshJain  
BSE:HDFCBANK   HDFC BANK LTD.
HDFCBANK BANKNIFTY NIFTY expandingtriangle
4
1
hdfcbank banknifty nifty expandingtriangle
After a breakout from a long trending channel, the price action has formed another triangle formation that is likely to break downside in order to confirm previous resistance as new support.

Target 1205-1201
SL - 1255
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