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afzal_57
Feb 12, 2020 10:58 AM

HDFC Bank Ready to Take Off Long

HDFC BANKNSE

Description

Monthly is clearly bullish, a perfect Uptrend.

Weekly, we are seeing a CC at EMA +0.5 Fib level with an overall trend being up.


In the Daily, we are seeing multiple RCs at D ST and last candle closing above EMA though with a small body. Would have been better if we had got a good green candle.

In the 75m, price is already above EMA and a little positive trend can be seen.

Comments
rishikhanna16
Hi... What EMA is it considered for daily and 75 min.? Regards, Rishi Khanna..
afzal_57
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