HDFCLIFE: Double bottom Breakout!
The double bottom has been formed in the last month. Stock is trending with strong relative strength in June so far... Even though Today market has retraced by heavy points, But IT, FMGC & Financial service sector always survive and surge in worst conditions
Due to the dollar price have been strong after 7 member did vote in the favour of increasing the interest rates in the USA and 7% of growth has forecasted It will affect the INR currency as USDollar is going to build momentum in upcoming days and the market will lose more points if and only if FII & DII still carry on their selling strategies.
Due to the dollar price have been strong after 7 member did vote in the favour of increasing the interest rates in the USA and 7% of growth has forecasted It will affect the INR currency as USDollar is going to build momentum in upcoming days and the market will lose more points if and only if FII & DII still carry on their selling strategies.
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