NSE:HDFC   HOUSING DEVEL FIN
On the daily chart stock price has formed "CUP & HANDLE " pattern and has given breakout on closing basis
* This breakout is accompanied with increase in volume which supports bullish sentiments ahead
* The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in near term.
* Stock price has given positive crossover from its 20,50 and 100 day SMA which indicates positive bias.
* The above analysis indicate an upside of 2377 - 2402 invalid close below 2331. #Findyourtrade
Dec 16
Comment: 1st Target Done Gracefully.
Dec 17
Trade closed: target reached: Both targets achieved in 2 days...

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