deepsimi

HDFC may take a reversal from here

Long
NSE:HDFC   None
HDFC may take a reversal from here now, as price has been reached at the same level where it was 2 month back and created FLAT price line.
and in RSI lower high which is a class B bullish divergence.

And if, it take reversal from here, then it would be the last leg of double bottom pattern, very bullish pattern.
Disclaimer

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.