traderaju

HDFCBank- Rectangular Trend Channel

NSE:HDFCBANK   HDFC BANK
Pitchfork is a trend channel tool consisting of three lines; a median trend line in the center with two parallel equidistant trend lines on either side. These lines are drawn by selecting three points, usually based on reaction highs or lows moving from left to right on the chart.

Expecting HDFCBank to move between this until upward uncertainty continues.
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