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Bullishcandlestick

WaveTalks-HDFC- The Connecting Moves (Wave Analysis)Short Video Outlook on HDFC ------------------------- 22nd Jan 2022 ------------------------- ------------------------------------------------------------------------------------------------------------------------------- 4th July 2021 - HDFC - WaveTalks -Pattern /Patience & Penultimate Correction which was Wave 4 Triangle. ------------------------------------------------------------------------------------------------------------------------------ ---------------------- Expectation ---------------------- Wave 5 Expected Post Penultimate Wave - Targets achieved 2650 / above 2777 - 2900+ ---------------------- Outcome ---------------------- Achieved - Wave 5 Topped at 3021 Highs in Nov 2021 ---------------------------------------------------------------------------------------- 9th Nov 2021 - HDFC -Wave 5 - What it could be unfolding ? --------------------------------------------------------------------------------------- ----------------------- Expectation ----------------------- Some kind of Topping Out Pattern Ending Wave 5 & The Impulsive Sequence Starting from 1473 Lows in March 2020 ----------------------- Outcome ----------------------- Topping Out Pattern in Wave 5 Unfolded as Ending Diagonal & Topped at 3021 Highs in Nov 2021 ----------------------------------------------------------------------------------------------------------------------------------- ----------------------- What Next ? ----------------------- Ongoing Corrections unfolding. 2540 could be a possible short term support as it unfolds Piercing Candlestick Pattern - Reversal Pattern Rising Trendline Supports Few days of possible upside moves can be expected next as India has Budget 2022 & Break below 2541 can make stock slip & retest 2380-2400 support zone. Getting upside bounce from 2541 -partial targets to be booked at 2650 & 2750 Thanks & Have A Lovely Weekend
HLong
by WaveTalks
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