HDFC Ltd (Daily):
1. Formation of Inverted Head and Shoulder Pattern (Bullish Pattern)
2. Trendline breakout
3. Positive Crossover of 5,13 Days Exponential Moving Average
Addl Points:
1. FII/FPI have increased holdings from 30.12% to 30.45% in Dec 2021 qtr.
2. Mutual Funds have decreased holdings from 4.65% to 4.27% in Dec 2021 qtr
Notes:
The above analysis is for educational purpose.
1. Formation of Inverted Head and Shoulder Pattern (Bullish Pattern)
2. Trendline breakout
3. Positive Crossover of 5,13 Days Exponential Moving Average
Addl Points:
1. FII/FPI have increased holdings from 30.12% to 30.45% in Dec 2021 qtr.
2. Mutual Funds have decreased holdings from 4.65% to 4.27% in Dec 2021 qtr
Notes:
The above analysis is for educational purpose.