Bank Nifty - Will if follow in the footseps of HDFC?

WaveTalks Updated   
Let's get started with this beautiful Sunday Morning with an exciting idea on "Bank Nifty - Will if follow in the footseps of HDFC"

By the end of this short video, you would realise that BankNifty could be unfolding similar structure once done for stock -HDFC in early 2021 / 2022.

Hope, this long term idea attempts to answer our colleague's @punterpk unsettling questions. Thank you.

Have a lovely day ahead. Thanks for watching.
11:50 Hrs / 17th Aug 2022

HDFC Last @ 2477

HDFC A classic case of bearish hidden divergence cannot be ruled out & chances of unfolding is very strong so traders be careful at the tops of 2480-2550 zone & once fall starts we expect deep correction to 2025 lows. It may sound funny at this stage as bulls holding strong.

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle

Telegram Handle

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.