HDFC
After a long consolidation for almost 6 months , the stock has formed an triangular structure
and has given a breakout with good intensity of volume in hourly time frame, assuming wave e to be complete around 2400-2440 area ,
one can buy the stock on cmp and add on dips if any, maintain the stoploss of 2350 and look
for the target of 2626, 2793, 2929, and 3050.
Wave Structure in daily time frame
Key Levels and Trendline
Daily MACD Uptick and positive crossover
Hourly MACD
Rsi above 60 in hourly
Positive ungali setup
Volume is above average
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Wave Structure in daily time frame
Key Levels and Trendline
Daily MACD Uptick and positive crossover
Hourly MACD
Rsi above 60 in hourly
Positive ungali setup
Volume is above average
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
YouTube: youtube.com/@rk_charts
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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