Bearish Crab pattern seen in HDFC Bank.
This is not a very perfect pattern (looking at BD ratio).
We have considered this because of the RSI divergence along with harmonic pattern.
This is a Weak Signal + Strong Context signal.
We are expecting a 176 Rs. fall in next 15 odd days, and we will be keeping stop loss at 1260.
Views only for educational purposes. Assess your own risk before entering financial positions.
Our material is free to refer. If you earn from our material, please consider donating 1% of profits towards education of poor children.
This is not a very perfect pattern (looking at BD ratio).
We have considered this because of the RSI divergence along with harmonic pattern.
This is a Weak Signal + Strong Context signal.
We are expecting a 176 Rs. fall in next 15 odd days, and we will be keeping stop loss at 1260.
Views only for educational purposes. Assess your own risk before entering financial positions.
Our material is free to refer. If you earn from our material, please consider donating 1% of profits towards education of poor children.
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