HDFC Weekly Time Frame,
What a massive bull run it was for HDFC from March 09, the price was at 223.80 level.
Almost a decade passed we saw a massive growth in the company, price ranging from 223.80 to 2499.90 till 13th Jan 2020.
So now we have almost completed the First Cycle of wave theory ( IMPULSE WAVE ) Now we are in the corrective mode.
I dont recommend anyone to BUY @ the present level, The price can move up till 1865 level & then
turned to be Bearish
What a massive bull run it was for HDFC from March 09, the price was at 223.80 level.
Almost a decade passed we saw a massive growth in the company, price ranging from 223.80 to 2499.90 till 13th Jan 2020.
So now we have almost completed the First Cycle of wave theory ( IMPULSE WAVE ) Now we are in the corrective mode.
I dont recommend anyone to BUY @ the present level, The price can move up till 1865 level & then
turned to be Bearish
Elliott wave Analysis, All types of Asset classes are covered like, Indices, Stocks, Currencies and commodities.