Long
HDFC SEEMS BULLISH
Correction in previous update on $NSE:HDFC
since it broke all time high the next target will be around 2700,
scrip is travelling in a wedge triangle pattern, it is travelling in final 'e' leg, we can expect a correction once it completes the given target because wedge patterns are forms only in '5' or 'C' leg of wave according to the guideline of Elliot wave, so we can expect a correction after 5th leg of primary wave.
For further details write us to writetomonk@gmail.com
Disclaimer:- The post for only education purpose
since it broke all time high the next target will be around 2700,
scrip is travelling in a wedge triangle pattern, it is travelling in final 'e' leg, we can expect a correction once it completes the given target because wedge patterns are forms only in '5' or 'C' leg of wave according to the guideline of Elliot wave, so we can expect a correction after 5th leg of primary wave.
For further details write us to writetomonk@gmail.com
Disclaimer:- The post for only education purpose
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.