HDFC 1W Time Frame Analysis
Currently its in
1) Uptrend parallel channel
2) Top of parallel channel( both down and up trend parallel channel)
2) Wave ABC completed with target of 1.618
High possibility for down side as per chat and MACD
MACD:
Convergence seen of MACD and signal line..weakness for bull
target: first level -1725
support: first level -1560
1) Uptrend parallel channel
2) Top of parallel channel( both down and up trend parallel channel)
2) Wave ABC completed with target of 1.618
High possibility for down side as per chat and MACD
MACD:
Convergence seen of MACD and signal line..weakness for bull
target: first level -1725
support: first level -1560
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