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Long Trade---HDFC farming Cup & handle in daily Timeframe
HDFC BANK LTD
Long
Long Trade---HDFC farming Cup & handle in daily Timeframe
By Sudhakar_Acharya
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Nov 2
6
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Nov 2
Long trade - Below are the confirmation points
1. Monthly & Weekly : MACD = Buy
2. Daily : RSI and Stochastic = Strong buy
3. Volume = Average
4. EMA = Positive Crossover
5. Chart pattern = Cup & handle
6. FIB = N/a
7. Divergence = Bullish Divergence
If the Cup & handle Breaks out then it will give most consistent returns. Keep watching...
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Chart Patterns
Technical Indicators
Wave Analysis
Sudhakar_Acharya
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