HDFC BANK – 28-08-2017-Bullish triangle – Continuation Pattern–BUY 1795+ TGT 2025 SL =1700 

Hdfc Bank is forming a likely Continuation pattern- the bullish triangle

The stock is well above its 20EMA and has good upward momentum on weekly chart

(We take the height of the pole From its previous Flag/pennant Breakout)

Volumes have suddenly declined

Also we see a short term Down Trend in Daily Chart to support this once it breaks that line we are in business …

HDFC bank D 28-08-17.png

Wait for the breakout though Big Candle +Big Volumes 

Buy 1795+

Target 1800+225 =2025

Stoploss =1700


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