Wave Count on HDFC AMC Long

HDFC ASSET MANAGEMNSE

Description

⋅ Aug 17, 2020 4:23 PM

Observations:
-> Elliott wave (5 Wave count)
-> Major Resistance at 1972 turned in good support.
-> Used Cyclic Timeline (Probably trend reversal)
-> Short term major resistance at 2800
->Targets based on Fibonacci

Comment

⋅ Sep 22, 2020 5:11 AM

1970 can be strong support.

Comment

⋅ Sep 10, 2021 1:59 PM

T2 reached, chart is still bullish

Comments

as_if99

⋅ Aug 20, 2020 8:45 AM

what do you suggest at the moment..should buy at around 2380?

abhishek_sh4

⋅ Aug 20, 2020 4:39 PM

@as_if99, Yes. (Positional trade)

as_if99

⋅ Aug 21, 2020 8:29 AM

@abhishek_sh4, thanks bro!

abhishek_sh4

⋅ Aug 21, 2020 2:47 PM

@as_if99, :)