HDFC Bank - Moving in consolidation channel. Breakout soon!

Key Highlights:

1. Potential change in MS underway
2. Descending broadening wedge pattern
3. Trendline breakout
4. Consolidating in parallel channel
5. Ripe for the next impulsive move
6. Target: 1561, 1635
7. Stop loss: 1455

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S:This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.