padiyaraa
Short

HDFC is in major correction can see sub 1000 level.

NSE:HDFC   HOUSING DEVEL FIN
65 0 1
HDFC             the financial major is in correction showing weakness in indicators, the MACD is having a negative divergence, the price is below the PF             median line (subjective analysis but) which respect many supports and resistance shows its validity. Agreed?
My target for HDFC             is 990 is a 38.2 retracement of all the Bull Run and I believe that it is completed a cycle wave in the past 8 years.
Comment: The weekly chart doesn't show much differences, but there is a price drop of nearly 65 points from the day of first posting. Deliberately not giving any directive, advice or price target as it is not my business, and purely for my studies.
Please do not consider any of my views as a call for a buy or sell. Make your own analysts before you enter in to any trades, and just take this as an information to all loving my viewers.
Comment: please read monthly* chart in above comment.

Theoretically the wave 5 if extended must retrace fully in speed.
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out