HDFC- Calling for 980-1010 Zone

HDFC is close to an intermediate degree wave-3 & Divergence on momentum indicators supports the outlook. Going Forward -We shall look for 980-1010 zone as a buying zone.

Regards,
Abhishek H. Singh, CMT

Trade active:

12:31 Hrs 4th Oct2016

Likely Post RBI Policy Only Market will give direction

Going above 1433 & staying above 1430 could be short term buy opportunity or going below 1373 -should be looked for selling opportunity.

Trade active:

07:13 Hrs 24th Nov2016

Last Price@1230

How HDFC melted below 1370's & made 1201 low.