HDFC Bank - Looking good for a swing trade

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Key highlights:

1. Bounced off 2 day demand zone
2. Closed just above 200 MA
3. Sitting at 0.5 Fibonacci level
4. Potential formation of Inverse Head and Shoulders pattern
5. Psychological level of 1500

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
NSE Certified Technical & Fundamental Analyst

٢٥ يناير ٢٠٢٢

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