HDFCBANK achieved target

HDFC;BANK completed the (TRIANGLE) today with the PRINT of 1,560 on cash. Earlier it failed to take out its DECEMBER high of 1,669 this was a risky setup, but based on PATTERNS we did expected a turn lower here on 29,12,2022.
We are yet to get a MEDIUM term breakdown here which will come below 1,540, ideally we will get that, but can take few days, may be after some bounce.

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