HDFC find Flag Breakout Pattern on Daily Chart ..Stock corrected from 3000 sub level to 2500 level made double bottom around 2500 sub level and last candle on daily chart is BULLISH heikin ashi candle ..at exactly support 200 SMA , same candle breakout candle of flag pattern . this all indication of bullish trend onward. this Stock i good mid-term as well as investment pick can give 20-30% profit in 2-3 month mid -term.
Techncial Indicators
1. Flag Pattern Bullish Breakout
2. Double bottom formation
3. 200 SMA support
4. Golden cross
5. MACD Bullish
6. RSI at Mid Range
BUY HDFC @ 2710
TARGET 1 - 2900 TARGET 2- 3000 ( 2-3 Months )
STOP LOSS 2570
** This idea can helpful purpose of study of Technical Anlysis ...please do own anlysis ..call at own risk. !!
WISH YOU HAPPY TRADING. !!
Techncial Indicators
1. Flag Pattern Bullish Breakout
2. Double bottom formation
3. 200 SMA support
4. Golden cross
5. MACD Bullish
6. RSI at Mid Range
BUY HDFC @ 2710
TARGET 1 - 2900 TARGET 2- 3000 ( 2-3 Months )
STOP LOSS 2570
** This idea can helpful purpose of study of Technical Anlysis ...please do own anlysis ..call at own risk. !!
WISH YOU HAPPY TRADING. !!