Beautiful scrip, moved too fast. Expected to reach around 366-372 and then see a correction till 345-348 at least before starting the fresh run try to catch around 345-350. Long term stock to create wealth.
Support for theory:: Negative divergence, Channel resistance, Long term resistance, Fib resistance
BPCL: FLAG formation on daily chart, trend is holding to trendline too, a further drop can be seen till 445 which will complete the flag formation, then we can see the awakening of bulls, the target is ATH and this is also supported by the main channel.
An inverse H&S pattern or CupNHandle paatern is visible at Daily TF, a daily close above 1526 is required to start the movement, HDFC can be ready for 1600 and them 1645 before it rests.
Educational purpose only